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    765-945 S Babcock St Melbourne, FL 32901

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    For Lease
    Contact for pricing

    Retail space in a neighborhood shopping center for lease.

    Property size:
    870 SF
    Lot size:
    14.38 Acres

    Property Features for 765-945 S Babcock St

    General Information

    Size
    870 SF
    Lot size
    14.38 Acres

    Source: Kimco Realty - Corporate Agent Spencer Phelps

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Neighborhood Shopping Center Retail Space

    This 870 square foot retail space is located within a 168,737 square foot neighborhood shopping center. The property is positioned at the intersection of Nasa Boulevard and Babcock Street, benefiting from exposure to approximately 40,000 vehicles daily. It is located across the street from Keiser University’s Melbourne Campus, which has an enrollment of over 3,000 students. The location is also minutes from US Highway 1, Orlando-Melbourne International Airport, Melbourne Square Mall, and Melbourne High School. The shopping center features a 4.7/1,000 SF parking ratio, multiple points of access, and pylon signage is available. The location benefits from a strong customer base, supported by over 500 people employed by Radial.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6203242
    Latitude
    28.0946995

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    FAQs

    What type of property is this?
    Strip mall - Retail space in a neighborhood shopping center for lease.
    Where is this strip mall located?
    The property is located at 765-945 S Babcock St Melbourne, FL.
    What are key features of this property?
    This property features: - High-traffic location at the intersection of Nasa Blvd and Babcock St (approx. 40,000 vehicles daily); - 168,737 s.f. Neighborhood Shopping Center; - Proximity to Keiser University’s Melbourne Campus (over 3,000 students)
    (516) 869-9000
    Request Owner's contact information
    765-945 S Babcock St Melbourne, FL 32901
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    Melbourne, FL 32901
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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
    765-945 S Babcock St Melbourne, FL 32901
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