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Dual-Zoned Development Land
For Sale
$3,950,000

4527 South Babcock Street, Palm Bay, FL 32905

Approximately 2 acres HC with ~500 feet frontage; additional 6 acres RM-20 with potential for 100+ units.

Property Size355,450 SF
Lot Size8.16 Acres
Price / SF$11.11
Days on Market873

Property Features for 4527 South Babcock Street

General Information

Standard status Active
Size 355,450 SF
Lot size 8.16 Acres
Property subtype Land & Docks / Unimproved Land

Taxes and HOA fees

Annual Taxes $13,416

Amenities

No
Listing Agency: EXP Realty LLC
Listed By: Armando Reis · License #3286486
Source: Compass
Added: Apr 2, 2024 Changed: Aug 8 Last Checked: Mar 25 at 7:45PM

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 EXP Realty LLC

Investment Insights

Based on property information with market context.

Vacant land in Palm Bay, FL, offering a dual-zoned development layout totaling approximately 8.16 acres per public records. The site includes approximately 2+ acres zoned HC (Highway Commercial) with approximately 500 feet of frontage off Babcock Street, along with the remaining 6+ acres zoned RM-20. Public remarks also indicate potential for 100+ units on the RM-20 portion.

The property is located in Brevard County and is described as being about 3 miles from the Indian River. The configuration provides a mix of highway commercial frontage and residential zoning under the RM-20 district, supporting development planning across both areas of the site.

Offered for sale as development land, this parcel is positioned for projects that can utilize both zoning designations within a single contiguous ownership.

Key Highlights

  • 8.16‑acre vacant land parcel per public records in Palm Bay, FL (Brevard County)
  • Dual zoning: approximately 2+/- acres zoned HC (Highway Commercial) with approximately 500 feet of frontage on Babcock Street
  • Remaining 6+/- acres zoned RM‑20 with potential for 100+ units

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Real Estate Agency Building Supply Auto Parts Store Parking Lot & Garage

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

392
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
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 - Approximately 2 acres HC with ~500 feet frontage; additional 6 acres RM-20 with potential for 100+ units.
Where is this commercial land located?
The property is located at 4527 South Babcock Street Palm Bay, FL.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 8.16‑acre vacant land parcel per public records in Palm Bay, FL (Brevard County); Dual zoning: approximately 2+/- acres zoned HC (Highway Commercial) with approximately 500 feet of frontage on Babcock Street; Remaining 6+/- acres zoned RM‑20 with potential for 100+ units
More about this property
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