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Industrial Land with Flex Concepts
For Sale
$8,250,000
Pending

1206 Malabar Road Se Palm Bay, Palm Bay, FL 32907

CC/IU-zoned, cleared land supports planned flex or light industrial development near major transportation access.

Property SizeContact for details
Days on Market60

Property Features for 1206 Malabar Road Se Palm Bay

General Information

Standard status Pending
Property subtype Land

Taxes and HOA fees

Annual Taxes $69,537

Amenities

Cleared
2.59
City Street
Listing Agency:
Listed By: Elimar Moran
Source: Therealestatecollection
Added: Jul 4 Changed: Aug 30 Last Checked: Aug 31 at 1:06PM

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 Elimar Moran

Investment Insights

Based on property information with market context.

This 30-acre industrial land tract at 1206 Malabar Road SE in Palm Bay is cleared and positioned for flex or light industrial development. Existing concepts contemplate more than 200,000 SF along with outparcels. The site has flat terrain and sandy soils documented in a 2022 geotechnical report. A Phase I ESA found no major environmental concerns, while minor wetlands are identified for basic mitigation. The property is in FEMA Zone X, reflecting low flood risk.

Located at Malabar Road and Babcock Street, the tract is less than half a mile from I-95. Malabar Road carries more than 55,000 vehicles daily, providing a measurable access and exposure factor. The land carries CC/IU zoning with a permitted maximum FAR of 0.5.

Key Highlights

  • 30‑acre industrial land tract in Palm Bay
  • CC/IU zoning with up to 0.5 FAR
  • Less than 0.5 mile from I‑95

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Dental Office Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

549
Businesses Nearby

Demographics for 32907, FL

44,432
Population
17,761
Households
2.5
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
17.7 sq mi
ZIP Area
2,510
Density / Sq Mi
$71,827
Median Household Income
$36,498
Median Earnings
$1,693
Median Rent
$253,700
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - CC/IU-zoned, cleared land supports planned flex or light industrial development near major transportation access.
Where is this industrial land located?
The property is located at 1206 Malabar Road Se Palm Bay Palm Bay, FL.
What is the asking price?
The asking price for this property is $8,250,000.
What are key features of this property?
This property features: 30‑acre industrial land tract in Palm Bay; CC/IU zoning with up to 0.5 FAR; Less than 0.5 mile from I‑95
More about this property
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