INDUSTRIAL PROPERTY SHOWCASE — BUILDING D — AVIATION HANGAR REAL ESTATE

Melbourne

805 Tower Access Rd | Melbourne Airport Hangar Condos | ~9,450 SF / individual units available

Executive Summary

This is aviation-adjacent real estate built for momentum. Located at 805 Tower Access Road, just adjacent to Melbourne-Orlando International Airport, these specialty hangar condos combine aviation infrastructure, airport proximity, and modular ownership mechanics. With Phase One underway (10 units) and Phase Two planned (7 units), you’re positioned for entry into aviation industrial space just as the market demands it.

Why It Works / Investment Highlights

• Hangar utility meets condo structure — build your footprint in aviation without full airport leasing burdens.
• Modular scale — units of ~2,250 SF in Building C are being offered at ~$326,250 per unit.
• Spec’d infrastructure — units are pre-plumbed for half baths, fitted with 60A panels, LED lighting, bifold door motors, hose bibs, and optional upgrades like climate control or insulation.
• Long-term ground lease framework — 30-year base lease with two 5-year extensions gives ownership with built-in tenure.
• Airport-adjacent flyway — direct access to aviation operations without the hassles of stand-alone hangar ownership.
• Opportunity Zone eligibility — gives potential tax advantages to the right structured buyer.

Property Facts

• Approx. Size: 9,000 to 9,450 SF total (Building C)
• Unit Sizes: 2,250 SF per condo unit
• Price per Unit: $326,250 (≈ $145/SF)
• Year Built / Delivery: 2026 (under construction)
• Lot Size: 1.50 acres for Building C parcel
• Zoning: M-1 Light Industrial
• Building Class: B specialty hangar / aviation condo
• Opportunity Zone: Yes

Strategic Angle

This is aviation real estate for the business owner who doesn’t want to get tangled in full-airport complexity. These hangar condos give you the infrastructure and access of aviation space while offering the clarity and control of condo ownership. The modular unit sizes make this accessible for small operators, private pilots, specialty maintenance shops, aircraft storage, or hybrid aviation/logistics operations. Because the project is under construction, early buyers capture upside in pricing, leasing, and customization.

Melbourne’s airport corridor is growing, and aviation-adjacent real estate is becoming harder to come by. Units like these fill a niche between general industrial and full hangar leasing opportunities. The setup lets you own “above the ramp” but with better capital structure, flexibility, and exit options.

Bottom Line

805 Tower Access Road offers a chance to own part of aviation infrastructure — hangar condos with modern specs, modular units, and airport frontage. Units in Building C (~2,250 SF each) list at ~$326,250, with delivery in 2026. Whether you’re an operator, investor, or aviation-focused business, this is a gateway to premium access without speculative friction. Stake your place in Melbourne’s aviation future.

Industrial Market Report – Space Coast Snapshot

• Northrop Grumman expands in Melbourne, adding millions in aerospace investment and fueling supplier demand.
• L3Harris Technologies secures defense contracts, strengthening the region’s industrial employment base.
• SpaceX supply chain growth continues to drive demand for large industrial sites in Brevard County.
• Industrial vacancy hovers around 3.5%, while lease rates average $10.50–$12.50/SF NNN, reflecting robust absorption and limited supply.

Links

Argossy International Properties
Melbourne Economic Development Dept

Transportation Snapshot

• Cargo Rail: Florida East Coast Railway provides direct freight routes up and down Florida’s coast.
• Cargo Air: Only 8 miles from Melbourne Orlando International Airport, supporting global shipping.
• Cargo Port: 35 miles to Port Canaveral, one of Florida’s fastest-growing cargo and cruise hubs.

Listing Courtesy of Greg Ellingson, Bryan Yancey