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Proposed Mixed-Use Development in Melbourne
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3999 S Babcock St # 4, Melbourne, FL 32901

Sustainable mixed-use development site in the heart of Space Coast.

Property Size1,916,640 SF
Lot Size44.00 Acres
Days on Market854

Property Features for 3999 S Babcock St # 4

General Information

Standard status Active
Size 1,916,640 SF
Lot size 44.00 Acres
Property subtype Mixed Use, Retail
Listing Agency: Manny Chamizo #1 Sotheby's Commercial Broker
Listed By: Manny Chamizo · License #0479698
Source: Crexi
Added: Apr 5, 2024 Changed: Jul 10 Last Checked: Aug 5 at 1:47PM

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 Manny Chamizo #1 Sotheby's Commercial Broker

Investment Insights

Based on property information with market context.

Melbourne City Center is a proposed sustainable mixed-use development intended to include single-family homes, apartments, a retail center, a medical and professional campus, a senior living facility, a university site, a charter school, restaurants, and entertainment venues. This development aims to attract residents, professionals, university students, and consumers. Located in the heart of the Space Coast, near Cape Canaveral and the Kennedy Space Center, the property is situated on Babcock Street and Pirate Lane in the City of Melbourne. The location on South Babcock Street benefits from high traffic, with a count of 36,000. The site is strategically positioned east of Interstate 95 and south of Orlando-Melbourne International Airport. Melbourne City Center is designed to establish a sustainable mixed-use development and innovation hub.

Key Highlights

  • Sustainable mixed‑use development with diverse options.
  • Strategic location on Babcock Street and Pirate Lane with high traffic count (36,000) and visibility.
  • Proximity to Cape Canaveral and the Kennedy Space Center.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop

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

457
Businesses Nearby

Demographics for 32901, FL

26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Sustainable mixed-use development site in the heart of Space Coast.
Where is this mixed-use property located?
The property is located at 3999 S Babcock St # 4 Melbourne, FL.
What are key features of this property?
This property features: Sustainable mixed‑use development with diverse options.; Strategic location on Babcock Street and Pirate Lane with high traffic count (36,000) and visibility.; Proximity to Cape Canaveral and the Kennedy Space Center.
(786) 486-6655 Call to check price and availability
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