Search
Interchange-Frontage Retail Development Site
For Sale
$1,500,000
Pending

1240 Malabar Rd Se, Palm Bay, FL

GC-zoned 1.90-acre site with approximately 334 feet of frontage and right-in/right-out access on Malabar Rd.

Property SizeContact for details
Lot Size1.90 Acres
Days on Market422

Property Features for 1240 Malabar Rd Se

General Information

Standard status Pending
Lot size 1.90 Acres
Property subtype Land
Zoning GC

Site & Location

Traffic Count 50,000 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes
Listing Agency: Reach Commercial Real Estate
Listed By: Cassandra Hartford · License #3296024
Source: Exprealty
Added: Jun 9, 2025 Changed: Jul 21 Last Checked: Jul 31 at 11:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reach Commercial Real Estate

Investment Insights

Based on property information with market context.

This 1.90-acre GC-zoned commercial land parcel offers approximately 334 feet of frontage for visible, off-ramp-oriented development. The site is serviced with city water and sewer available, and the GC zoning is noted as allowing development without rezoning. The parcel configuration is described as suitable for multiple layout concepts, including two QSR pads, a 10–12K SF strip, or medical/professional office development.

The property is positioned at I-95 Exit 173 on Malabar Rd (SR 514), identified as Palm Bay’s busiest east-west corridor, with access described as right-in/right-out on Malabar. The remarks also note potential for additional access via a nearby Babcock St signal.

The site is presented for QSR, retail, medical, or office use based on zoning and frontage characteristics, with nearby employment and retail activity cited in the surrounding market.

Key Highlights

  • 1.90‑acre GC‑zoned site with approx. 334 ft frontage on Malabar Rd (SR 514), at I‑95 Exit 173.
  • Right‑in/right‑out access on Malabar Rd, with potential full access via the nearby Babcock St signal.
  • Traffic count exceeds 50,000 VPD at the I‑95 off‑ramp area, offering visibility from the off‑ramp.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Food Market (Bike/Boat/Book/etc) Store Locksmith Bakery Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

332
Businesses Nearby
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - GC-zoned 1.90-acre site with approximately 334 feet of frontage and right-in/right-out access on Malabar Rd.
Where is this commercial land located?
The property is located at 1240 Malabar Rd Se Palm Bay, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1.90‑acre GC‑zoned site with approx. 334 ft frontage on Malabar Rd (SR 514), at I‑95 Exit 173.; Right‑in/right‑out access on Malabar Rd, with potential full access via the nearby Babcock St signal.; Traffic count exceeds 50,000 VPD at the I‑95 off‑ramp area, offering visibility from the off‑ramp.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message