328 Malabar Road SE Palm Bay, FL 32907
1.75 acres with redevelopment potential in Palm Bay, Florida.
Type:Land
Lot size:
2.00 Acres- Added:
- Apr 16, 2024
- Days on Market:
- 738
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 328 Malabar Road SE
General Information
- Standard status
- Active
- Lot size
- 2.00 Acres
- Property subtype
- Land
Listing agent Vahid Rajabian License #BK3454072
Listing office PALM BAY LAND
Listing date Apr 16, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of PALM BAY LAND
Overview
Palm Bay Commercial Land Opportunity
This commercial real estate opportunity is located in Palm Bay. The property consists of five smaller parcels, totaling approximately 1.75 acres. There is potential to add two additional parcels, for another 0.23 acres, for a grand total of approximately 2 acres. The property is positioned along one of Palm Bay's thoroughfares, with a daily traffic count of approximately 23,000. There are currently three houses on the property, on month-to-month leases, providing an immediate income stream while preparing for redevelopment. The property is located in proximity to retailers and benefits from a signalized intersection, making it suited for a range of uses.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Palm Bay
- County
- Brevard
- State
- Florida
- Longitude
- -80.7312
- Latitude
- 27.9988
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 1.75 acres with redevelopment potential in Palm Bay, Florida.
Where is this commercial land located?
The property is located at 328 Malabar Road SE Palm Bay, FL.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: High‑visibility location on a bustling thoroughfare, boasting approximately 23,000 daily traffic count.; Immediate income stream from three existing houses on month‑to‑month leases.; Totaling approximately 1.75 acres, with the potential to expand to approximately 2 acres.
