It is important to note that the FDOT, project 441013-1 is scheduled to make improvements on SR-3 from the Barge Canal (SR 528) north to the KSC Gate property line, and features a complete milling and resurfacing of the roadway. Other typical work efforts include Curb Ramps and sidewalks, updating signal equipment, minor drainage improvements in a couple of isolated instances and lighting. The design of the project is on schedule and on budget, and will be let to a winning low bidder on December 2, 2020.

OmegA Partnerships Support Kennedy Space Centers and Air Forces Vision For Space Coast

OmegA shares the VAB with NASAs Space Launch System (SLS) and Orion vehicle, two key elements of the Artemis program. With Artemis, NASA aims to send humans to the Moon by 2024. Northrop Grumman is an industry partner for Artemis, providing the two powerful solid rocket boosters for each SLS launch. In support of the Omega Program, Northrup Grumman has leased an off-site office/lab facility consisting of 10,000 SF building on 5 acres of land. The location is 5335 N Courtenay Parkway, Merritt Island, just south of Nelson Engineering. The location is just minutes from KSC and Exploration Park.

Nelson Engineering

Nelson Engineering Group was formed in 1993, offering a highly qualified engineers and scientists to provide services to the aerospace community. This strategic location is just minutes away from KSC and Exploration Park. Today, Nelson Engineering firm serves a variety of markets and employs approximately 100 engineers in civil, chemical, electrical, aerospace, industrial, environmental, and fire protection disciplines. They also serve the engineering needs of international clients.

This strategic location is a 6 minute drive to Exploration Park, where Blue Origin (owner, Jeff Bezos) has constructed rocket manufacturing facilities totaling more than 750,000 SF, with a capital investment of exceeding $225 Million Dollars. OneWeb, a satellite manufacturing company, built a 150,000 SF facility. Recently, the U.K. government and Indian telecommunication conglomerate Bharti Global which each have committed $500 Million in capital to finance OneWebs return from bankruptcy. OneWebs return from bankruptcy means that it will retain the priority rights it has to the to the Ku-Band of Satellite Spectrum. Spacex is challenging OneWeb for the LEO broadband business. As of July 20, 2020, a parking lot of OneWeb had numerous vehicles. That a good sign for a OneWeb employee.

The 21.5 acres is zoned Commercial The most recent traffic counts as of BU-1 and BU-1A by Brevard County 2019 indicate 17,060 ADT (SR 3 Just South Of Chase Hammock) This represents a 12% increase in traffic in two years

Commercial BU-I (General Retail Commercial, Office, Medical)

BU-1A (Restricted Neighborhood CCRs: A copy of the CCRs is available upon Retail Commercial, Office, Medical) request.

Utilities:

The property is serviced with city water from the City of Cocoa. Brevard County has completed a forced main sewer line extending service north of Hall Road to Church Street. This extension is approximately 7,020 LF of 6 PVC including 2,005 LF of 14 DIP reclaimed water line, and 6,225 LF of 12 PVC reclaimed water line. The project was completed in June 2018.

ESRI Demographics 2019:

With the robust development of Kennedy Space Center and Exploration Park, there is a strong demand for new residential residences in the North Merritt Island area. The existing residential projects being developed today indicate that 355 residences have been developed as of July 2020.

With new sales in the next 12 to 15 months of 40 lots in Egrets Landing, 20 lots/homes in Savannah, and 20 townhome, that total of 435 new residences, or a new population 9544 (2.5/house) which results in an increase of population to 1087, or a 13% increase in population over the 2019 estimate of 8,457*. (*estimated)

PRICING:

5 ACRES BU-1-A - $495,000

10.79 AC BU-1-A - $995,000

10.71 ACRES BU-1 & BU-1A - $1,500,000

21.5 ACRES - $2,150,000