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    1328 S Babcock St Melbourne, FL 32935

    For Lease
    Contact for pricing

    Outparcels available across from Publix, high visibility location.

    Lot size:
    2.30 Acres

    Property Features for 1328 S Babcock St

    General Information

    Lot size
    2.30 Acres

    Source: CBRE | Orlando Agent Cabot Jaffee

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

    Overview

    Prime Outparcels For Lease

    Outparcels are available for lease, sized at 1.16 acres and 2.30 acres. The location offers excellent visibility on S. Babcock St, with an average annual daily traffic count of 35,590, and W. Hibiscus Blvd, which sees 15,110 AADT. Multiple points of entry and exit are available along S. Babcock and W. Hibiscus, with cross access from the neighboring Hilton Melbourne, Starbucks, and Circle K. The property is situated across from the Melbourne Shopping Center, anchored by Publix. Nearby traffic drivers include Melbourne High School, with an approximate student population of 2,249, Health First’s Holmes Regional Medical Center, which has 550 beds, and Melbourne Orlando International Airport Terminal, serving approximately 922,916 passengers as of August 2024.
    Location Intelligence

    Current Use by Public Records

    Florida Marketplace Shopping Mall

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -80.6236924
    Latitude
    28.0872883

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    FAQs

    What type of property is this?
    Land - Outparcels available across from Publix, high visibility location.
    Where is this land located?
    The property is located at 1328 S Babcock St Melbourne, FL.
    What are key features of this property?
    This property features: - Excellent visibility on S. Babcock St (35,590 AADT) and W. Hibiscus Blvd (15,110 AADT).; - Located across from the Publix anchored Melbourne Shopping Center.; - Outparcels available for lease: 1.16± AC and 2.30± AC.
    (407) 404-5000
    Request Owner's contact information
    1328 S Babcock St Melbourne, FL 32935
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    Melbourne, FL 32935
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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
    1328 S Babcock St Melbourne, FL 32935
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