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Divisible Development Land Parcel
For Sale
$4,950,000

6950 Babcock Street Se Palm Bay, Palm Bay, FL 32909

Multi-use development acreage along Babcock Street, with the ability to split into smaller plots.

Property SizeContact for details
Lot Size18.00 Acres
Days on Market48

Property Features for 6950 Babcock Street Se Palm Bay

General Information

Standard status Active
Lot size 18.00 Acres
Property subtype Land

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $6,604

Amenities

Corner Lot,Split Possible,Wooded
Public
18.27
133 X 600
1
false
Asphalt,Paved
City Street
Listing Agency:
Listed By: Christian Dyas
Source: Therealestatecollection
Added: Jul 6 Changed: Aug 8 Last Checked: Jul 6 at 3:29PM

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 Christian Dyas

Investment Insights

Based on property information with market context.

This offering consists of 18 acres of unentitled land in Palm Bay, Florida, currently designated as residential land use, with zoning subject to the buyer’s desired specifications. The parcel is offered as a single tract or can be divided into smaller plots of approximately 4–14 acres or 5–13 acres, supporting a range of development approaches. Suitable concepts referenced in the marketing materials include 55+ community product, senior living accommodations, townhomes, and multifamily housing, along with the possibility of commercial uses or a mixed-use plan.

The property is situated along Babcock Street, described as a well-traveled thoroughfare in southeast Palm Bay. The remarks also note planned future widening projects, along with proximity to major infrastructure and newly built I-95 interchanges (166 and 173). Additional nearby amenities mentioned include Palm Bay Hospital and major retail retailers such as Walmart, Publix, Home Depot, and Lowes. The remarks further indicate utilities are close by, and the city may provide concessions for impact fee costs through credit and future rebates.

For developers, this tract provides flexibility to structure the project size and mix, whether pursuing a residential-focused plan or exploring commercial components subject to approval. Because the land is unentitled and zoning is described as subject to buyer specifications, interested parties should confirm feasibility with local authorities for the intended use mix and density.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Pharmacy Electrical Service Hair Salon

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

349
Businesses Nearby

Demographics for 32909, FL

36,789
Population
14,278
Households
2.6
Avg Household Size
42
Median Age
23%
College-Educated
92%
High-School Grad
57.7 sq mi
ZIP Area
638
Density / Sq Mi
$76,708
Median Household Income
$36,071
Median Earnings
$1,502
Median Rent
$261,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Multi-use development acreage along Babcock Street, with the ability to split into smaller plots.
Where is this residential land & home lot located?
The property is located at 6950 Babcock Street Se Palm Bay Palm Bay, FL.
What is the asking price?
The asking price for this property is $4,950,000.
More about this property
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