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    4705 Babcock St Palm Bay, FL 32905

    For Sale
    Contact for pricing
    Added:
    Dec 11, 2024
    Days on Market:
    367

    Property Features for 4705 Babcock St

    General Information

    Property type
    Land
    Lot Size
    18,295 SF

    HighLights

    • Build‑to‑suit or ground lease opportunity for a retail outparcel in a Publix‑anchored shopping center undergoing a 2022 rebuild in Palm Bay, FL.
    • Outparcel directly adjacent to Publix.
    • Excellent regional location with strong infill potential.
    • Up to 10,000 square feet of retail space available (5,000 SF per floor).
    • Prime location on Florida's Space Coast, near major aerospace and technology employers (within 1.5 miles of Northrop Grumman and Harris).
    • High traffic counts: ±48,000 VPD on Palm Bay Rd and ±36,500 VPD on Babcock St; 6,500 students within a 2‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.6213092
    Latitude
    28.0333737

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    FAQs

    Where is this land located?
    The property is located at 4705 Babcock St Palm Bay, FL.
    What are key features of this property?
    This property features: Build-to-suit or ground lease opportunity for a retail outparcel in a Publix-anchored shopping center undergoing a 2022 rebuild in Palm Bay, FL.; Outparcel directly adjacent to Publix.; Excellent regional location with strong infill potential.
    (321) 693-8669
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    4705 Babcock St Palm Bay, FL 32905
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    Palm Bay, FL 32905
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4705 Babcock St Palm Bay, FL 32905
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