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    12345 Lett Ln Malabar, FL 32950

    For Sale
    $200,000

    LAND - Malabar, FL

    Lot size:
    1.40 Acres
    Days on Market:
    132
    Last Refresh:
    Dec 10 at 6:06 am

    Property Features for 12345 Lett Ln

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    29-37-10-00-00306.0-0000.00
    Lot size
    1.40 Acres

    ITG Realty LLC (321) 622-2701 [email protected]

    Listing agent Rusty E Melle (321) 622-2701

    Listing date Aug 1, 2025

    MLS# 1053340 Listing URL

    Copyright © 2025 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Near Babcock Street

    This 1.4-acre commercial land parcel is located just off Babcock Street and minutes from I-95, offering a development opportunity within the Town of Malabar. Zoned General Commercial, the property allows for a variety of retail, office, and service uses. Approximately 95% cleared, the site is positioned in a growing commercial corridor in South Brevard County. This lot is suitable for an owner-user, investor, or developer looking to establish a presence in the area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Auto Repair Shop Gym & Fitness Department Store Kitchen & Bath Food Market Accounting Firm Garden Center Discount Store Electronics Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Malabar
    County
    Brevard
    State
    Florida
    Longitude
    -80.620908
    Latitude
    27.98111

    FAQs

    What type of property is this?
    Commercial land - 1.4 acre commercial land parcel in Malabar, Florida.
    Where is this commercial land located?
    The property is located at 12345 Lett Ln Malabar, FL.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Prime commercial development opportunity in a growing South Brevard County corridor.; - Zoned General Commercial, allowing for diverse retail, office, and service uses.; - Located one parcel off Babcock Street and minutes from I-95, providing excellent access.
    (321) 622-2701
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    Malabar, FL 32950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12345 Lett Ln Malabar, FL 32950
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