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Ground Lease Retail Development Site
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198 Palm Bay Rd NE, Palm Bay, FL 32905

Approximately 0.83-acre ground lease site on Palm Bay Road NE with high daily traffic and strong commuter visibility.

Space SizeContact for details
Lot Size0.83 Acres
Days on Market52

Property Features for 198 Palm Bay Rd NE

General Information

Standard status Active
Lot size 0.83 Acres
Property subtype LAND

Spaces For Lease

at 198 Palm Bay Rd NE Contact us

198 Palm Bay Rd NE

Type
LAND
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Epler Park offers a rare 0.83-acre ground lease opportunity on the high-traffic,...
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Listing Agency: Atlantic Commercial Group, Inc
Listed By: Sean Lunt · License #SL3546969
Source: Moodyscre
Added: Jul 24 Changed: Sep 8 Last Checked: Sep 13 at 8:48AM

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 Atlantic Commercial Group, Inc

Investment Insights

Based on property information with market context.

Epler Park offers a ground lease opportunity on approximately 0.83 acres of commercial land along Palm Bay Road NE. The site is positioned for eastbound commuter visibility on the morning-drive side of the corridor and is described as having convenient ingress and egress for practical site access.

The property is located on a high-traffic commercial corridor with over 65,500 vehicles passing daily. It provides connectivity to I-95 and Minton Road, with major employment centers reachable throughout Palm Bay.

The surrounding retail area is anchored by national tenants including Kohl’s, Publix, Ross, Target, Chase Bank, Truist, Chipotle, Panera Bread, Burger King, McDonald’s, and Space Coast Credit Union, supporting a consistent daily shopping environment. The offering notes flexible use potential for retail, medical, QSR, automotive, and service-based concepts within an established corridor.

Key Highlights

  • Approximately 0.83‑acre ground lease site on Palm Bay Road NE.
  • Over 65,500 vehicles passing daily on Palm Bay Road NE.
  • Located on the high‑traffic morning‑drive, eastbound commuter‑visibility side of Palm Bay Road NE.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply Law Firm Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Auto Parts Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

420
Businesses Nearby

Demographics for 32905, FL

26,064
Population
12,635
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
91%
High-School Grad
9.7 sq mi
ZIP Area
2,687
Density / Sq Mi
$56,671
Median Household Income
$31,688
Median Earnings
$1,361
Median Rent
$206,200
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Approximately 0.83-acre ground lease site on Palm Bay Road NE with high daily traffic and strong commuter visibility.
Where is this commercial land located?
The property is located at 198 Palm Bay Rd NE Palm Bay, FL.
What are key features of this property?
This property features: Approximately 0.83‑acre ground lease site on Palm Bay Road NE.; Over 65,500 vehicles passing daily on Palm Bay Road NE.; Located on the high‑traffic morning‑drive, eastbound commuter‑visibility side of Palm Bay Road NE.
(850) 320-5000 Call to check price and availability
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