Babcock St & Capital Dr SE Palm Bay FL 32909 USA Palm Bay, FL 32909

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Listing date Nov 22, 2025

Source Cbre

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Investment Insights

Based on property information with market context.

This outparcel offers up to approximately 1.12 acres for ground lease or build-to-suit development in Palm Bay, Florida. The property is adjacent to a newly constructed Publix shopping center, providing visibility along Babcock Street and access with multiple points of ingress and egress. Cross access is available along both Babcock Street and St. Johns Heritage Parkway. The site is expected to benefit from the proposed St. Johns Heritage Parkway extension, which will establish a north-south corridor linking Interstate 95 with US Highway 192. The location is positioned in an area experiencing growth, with an expected 9.59% population increase within a one-mile radius.

Key Highlights

• Adjacent to a newly constructed Publix shopping center, providing immediate customer traffic.
• High visibility on Babcock Street with multiple access points.
• Potential for ground lease or build‑to‑suit development up to ±1.12 acres.

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FAQs

What type of property is this?

Storefront property - Outparcel for ground lease or build-to-suit near Publix.

Where is this storefront property located?

The property is located at Babcock St & Capital Dr SE Palm Bay FL 32909 USA Palm Bay, FL.

What are key features of this property?

This property features: Adjacent to a newly constructed Publix shopping center, providing immediate customer traffic.; High visibility on Babcock Street with multiple access points.; Potential for ground lease or build‑to‑suit development up to ±1.12 acres.