Heritage Lakes

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Properties for Sale

Heritage Lakes

Address

St Johns Heritage Pkwy
Melbourne, FL 32904
(View Map)

Property Type: Land
Listing Status: Active

Contact Info

Rafi Chambasian and Sean Lunt
Direct: (850) 566-3774 and (850) 320-5000
rafi@atlanticcg.com and sean.lunt@atlanticcg.com

Brochure

Description

Heritage Lakes offers a prime commercial development opportunity along St. John’s Heritage Parkway, one of the area’s fastest-growing corridors. The project features fully entitled, development-ready pads with retention and utilities already in place, allowing for immediate vertical construction and reduced upfront costs. Excellent visibility, strong traffic exposure, and planned roadway improvements support a wide range of uses including retail, medical, and professional services. Surrounded by rapid residential growth and expanding employment drivers, Heritage Lakes is well positioned to capture sustained demand in a high-growth market.

Additional Information Site Highlights
County: Brevard
Lot Size: 1.65 - 2.16 Acres
  • Fully development ready parcels with utilities and stormwater retention in place,minimizing upfront costs and allowing immediate vertical construction
  • Generously sized pads accommodating a wide range of commercial, medical, retail, and service-oriented users
  • Excellent visibility along St. John’s Heritage Parkway (20,000+ VPD) with an approved and funded traffic signal improving site access and circulation
  • Ellis Road expansion to a four-lane corridor, enhancing long-term connectivity and supporting continued commercial growth
  • Direct access from I-95 Exit 182 (100,000+ VPD), providing exceptional regional exposure and convenient access for both local and interstate traffic
Recent News

The TikTok effect: How viral trends are changing visual merchandising

The average viral trend on TikTok lasts just five to 10 days before attention shifts, and with 42% of Gen Z consumers in the U.S. discovering new products on TikTok, brands need to move much faster than the traditional six to 24 month product-to-shelf timeline. TikTok has become a powerful launchpad for products with over 1.04 billion active monthly users, putting retail cycles into overdrive as brands capitalize on the platform's ability to spark viral moments and drive high demand. Examples include chef influencer Tineke Younger's viral mac and cheese recipe leading to a Nestlé Carnation collaboration for limited-edition Kickin' Jalapeño Flavored Evaporated Milk, and the infamous "Labubu" dolls generating 1.4 million-plus TikTok posts leading to chaotic scenes in UK stores. Gen Z-focused brands like Halara, Edikted, and Cider are testing physical retail through pop-up stores to create immersive brand experiences and translate TikTok buzz into real-world engagement using temporary store formats with flexible fixture setups and trend-responsive visuals.

Consumer sentiment falls to record low as gas prices, inflation worries rise

The University of Michigan Index of Consumer Sentiment fell 10% in May 2026 to 44.8, marking the third consecutive monthly decline and dropping just below the previous historical low seen in June 2022, as supply disruptions in the Strait of Hormuz continued to lift gasoline prices. The Current Conditions Index plunged 12.8% to 45.8 and is down 22% year-over-year, while the Index of Consumer Expectations declined 8.3% to 44.1, with consumers anticipating business conditions will worsen over both short and long time horizons. Nearly 40% of consumers offered unsolicited comments about gas prices during interviews, up from 33% the previous month, with lower-income consumers and those without college degrees posting particularly strong declines as these groups are more sensitive to increases in gas costs, which have risen sharply by more than 50% since the start of the Iran conflict. Consumers expect prices to rise 4.8% over the next year, up from 4.7% in April, with longer-term inflation expectations also climbing sharply, raising concerns that inflation will spread beyond fuel prices even in the long run

Retail sales grow in April

Retail sales rose for the seventh consecutive month in April 2026 despite rising gas prices and persistent inflation, with core retail sales increasing 0.34% month-over-month and 5.53% year-over-year according to the CNBC/NRF Retail Monitor. Total retail sales, excluding automobile dealers and gasoline stations, rose 0.34% month-over-month and 5.73% year-over-year, with spending supported by a steady labor market, wage growth, and significant tax refunds. Clothing stores led all retail categories with a 9.75% year-over-year increase, followed by sporting goods stores at 8.55% and health and personal care stores at 8.42%, while building and garden supply stores were the only category to decline year-over-year, falling 2.74%. For the first four months of 2026, total sales were up 6.07% year-over-year and core sales increased 5.99%, though April's growth slowed slightly from March's gains of 0.4% month-over-month and 6.59% year-over-year.