Grogan Ave NE Palm Bay, FL 32907
Two parcels with I-95 exposure, near schools and shopping.
Type:Land
Lot size:
6.99 Acres- Added:
- Aug 11, 2022
- Days on Market:
- 1347
- Last Refresh:
- Mar 17 at 1:23 pm
Property Features for Grogan Ave NE
General Information
- Standard status
- Active
- Lot size
- 6.99 Acres
- Property subtype
- Land
Listing agent Vahid Rajabian License #BK3454072
Listing office PALM BAY LAND
Listing date Aug 11, 2022
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of PALM BAY LAND
Overview
I-95 Exposure Land Opportunity
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.
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Palm Bay
- County
- Brevard
- State
- Florida
- Longitude
- -80.6553511
- Latitude
- 28.0284023
Nearby Similar for Sale
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.
