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4300 Turtle Mound Road, Melbourne, Florida 32940-1538

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Site Name
PALM SHORES FL
Current Infrastructure
Cell Towers
SiteBid ID #
419251
Published Date
May 6, 2023
Modified Date
May 6, 2023
Data Accuracy
0.000
Site Description

The wireless infrastructure site located at 4300 Turtle Mound Road, Melbourne, Florida 32940-1538, in the country of Brevard, has a latitude of 28.2 and longitude of -80.71. It is referenced as a asset class with a height of 281 and ground elevation of 35.

The utility asset is Tower by American Tower and is identified using AssetID 2517 or by the site name: PALM SHORES FL. The last recorded utility area included sq. ft. of space.

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Site Name
PALM SHORES FL
City
State / Province
Zip Code
Latitude:
Longitude:
Basic Trade Area (BTA)
Melbourne-Titusville, FL
Metro Area (MSA)
Tampa-St Petersburg-Orlando

Census Data

The property located at 4300 Turtle Mound Road is situated in Brevard County, Florida and has a block FIPS # of 120090713531045. Here is the most recent census data from the 2020 US Census report:
Block FIPS: 120090713531045
County FIPS: 12009
County Name: Brevard County
State FIPS: 12
State Name: Florida
Block Population (2020): 220
AMT: AMT003
BEA: BEA030
BTA: BTA289
CMA: CMA137
EAG: EAG003
IVM: IVM137
MEA: MEA010
MTA: MTA013
PEA: PEA013
REA: REA002
RPC: RPC002
VPC: VPC003
Communications Asset ID
2517
Overall Height
35.0meters
Structure Height
281.0meters
Walk Score data not available.

Utility Lease Market Valuation Analysis

Cash Flow Analysis
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Net Income
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Cap Rate Range (%)
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Market Lease Comparables
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Sale Value Range ($)
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Estimated Utility Lease Rates

Estimated Utility Lease Sale Valuation

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Infrastructure Investors are actively purchasing fee simple real estate, leases, and easements on properties with active utility leases from tier-1 tenants (AT&T, Verizon, T-Mobile, etc.). Depending on the terms of the lease, the lease buyout valuations can range drastically between 16x-20x the annual lease rate for lump-sum payments and 18x-25x for structured payments.

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The information provided is intended to be reliable but is not guaranteed.