Palm Bay Commercial Land
Palm Bay FL, Palm Bay, FL 32904
Land in Palm Bay experiencing residential growth near major intersections.
Type:Retail, Land
- Added:
- Apr 26, 2024
- Days on Market:
- 757
- Last Refresh:
- May 13 at 8:11 pm
Property Features for Palm Bay FL
General Information
- Standard status
- Active
- Property subtype
- Retail, Land
Spaces For Lease
at Palm Bay FL Contact usListing agent Jeff Allman License #FL SL3408067
Listing office Cushman & Wakefield - Stuart
Listing date Apr 26, 2024
Source Crexi
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 Cushman & Wakefield - Stuart
HighLights
- Premiere commercial opportunity with minimal competition on St. Johns Heritage Pkwy.
- Located near St. Johns Heritage Parkway and Emerson Drive, part of Lennar’s Everlands community (4,000 homes).
- Situated in Palm Bay, Brevard County, experiencing substantial residential growth (14,000+ new homes approved/under construction within 3 miles).
- Directly north of the Platt Ranch, approved for 4,672 homes, approximately 500,000 SF of commercial space.
- Intersection traffic signal fully funded and scheduled for installation this year.
- 4‑laning of St. Johns Heritage Pkwy and Emerson Drive scheduled to begin later this year.
Overview
Located in Palm Bay, the largest city in Brevard County, this commercial land benefits from substantial residential growth, with over 14,000 new homes approved or under construction within a 3-mile radius. The property is situated near the intersection of St. Johns Heritage Parkway and Emerson Drive, adjacent to Lennar’s Everlands community, which includes 4,000 homes. A fully funded and approved traffic signal is scheduled for installation at this intersection later this year. To the north is the Platt Ranch, approved for 4,672 homes, approximately 500,000 square feet of commercial space, and multiple schools with a capacity of 1,700 students. The four-laning of St. Johns Heritage Parkway from Highway 192 to Malabar Road is scheduled to begin later this year, and the four-laning of Emerson Drive has already commenced to the east of the site and will continue to St. Johns Parkway. St. Johns Heritage Parkway serves as the primary route for residents in southwest Brevard County accessing surrounding areas, particularly for commuting to work to the north. The parkway is planned for extension south from Malabar Road, ultimately connecting to Interstate 95. A new Publix-anchored shopping center is located just over two miles south at the northwest corner of St. Johns Heritage Parkway and Malabar Road. Given the limited commercial opportunities along St. Johns Heritage Parkway, this location presents a prime commercial prospect. The area currently has approximately 2,500 students, with plans for an additional 1,700.
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Palm Bay
- County
- Brevard
- State
- Florida
- Longitude
- -80.650503
- Latitude
- 28.03472
Nearby Similar for Lease
FAQs
What type of property is this?
Commercial land - Land in Palm Bay experiencing residential growth near major intersections.
Where is this commercial land located?
The property is located at Palm Bay FL Palm Bay, FL.
What are key features of this property?
This property features: Premiere commercial opportunity with minimal competition on St. Johns Heritage Pkwy.; Located near St. Johns Heritage Parkway and Emerson Drive, part of Lennar’s Everlands community (4,000 homes).; Situated in Palm Bay, Brevard County, experiencing substantial residential growth (14,000+ new homes approved/under construction within 3 miles).
