I-95 Exposure Land
Grogan Ave NE Palm Bay, FL 32907
Grogan Ave NE, Palm Bay, FL, 32907
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For Sale
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Two parcels with I-95 exposure, near schools and shopping.
Lot Size6.99 Acres
Days on Market1441
Property Features for Grogan Ave NE
General Information
- Standard status
- Active
- Lot size
- 6.99 Acres
- Property subtype
- Land
Listing agency
PALM BAY LAND
(321) 333-7230
Listed by
Vahid Rajabian · License #BK3454072
Source
Crexi
Added: Aug 11, 2022 Updated: Jul 6 at 8:25AM Checked: Jul 21 at 10:13AM
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 PALM BAY LAND
Investment Insights
Based on property information with market context.
This exceptional real estate opportunity features two distinct parcels with I-95 exposure and easy access to amenities and schools. The front 0.5-acre parcel is zoned RS, while the rear parcel spans 6.49 acres and is zoned for Institutional use. The future land use designation is “Utilities,” providing possibilities, including rezoning. The property can be divided to accommodate up to four homes by subdividing each into two parcels, adhering to existing zoning. A reconfiguration can yield multiple half-acre lots with a cul-de-sac, ideal for estate home development. The property's location ensures visibility and access, with proximity to Lochmar Elementary and Hammock Landing, a commercial hub featuring retailers such as Publix, Target, Kohl's, Ross, Marshall, and Dollar Tree, along with dining establishments. Consider this property for a place of worship, commercial ventures, or as a location for a cell tower or billboard with the potential for long-term lease and income generation. The owner is open to facilitating the acquisition with financing terms. This property is suited for projects ranging from residential development to commercial endeavors. Its location, combined with dual zoning, makes it a rare find.
Key Highlights
- I‑95 Exposure: Strategically situated with high visibility and easy access.
- Dual Zoning: Front parcel zoned RS (0.5 acres), rear parcel zoned Institutional (6.49 acres).
- Multiple Development Options: Potential for up to four homes, multiple half‑acre estate lots, or commercial ventures.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Two parcels with I-95 exposure, near schools and shopping.
Where is this commercial land located?
The property is located at Grogan Ave NE Palm Bay, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: I‑95 Exposure: Strategically situated with high visibility and easy access.; Dual Zoning: Front parcel zoned RS (0.5 acres), rear parcel zoned Institutional (6.49 acres).; Multiple Development Options: Potential for up to four homes, multiple half‑acre estate lots, or commercial ventures.
