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    Malabar Rd Malabar, FL 32950

    For Sale
    $295,000

    2.49 Acres, High-Visibility Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.49-acre commercial land parcel presents a unique investment opportunity in Malabar, Florida. Strategically located at the intersection of Malabar Road and Corey Road, this property boasts significant visibility to an estimated daily traffic count exceeding 20,000 vehicles. The lot offers an estimated 373 feet of frontage on Malabar Road and approximately 256 feet of depth along Corey Road. Its prime location provides excellent exposure for a wide range of commercial ventures. The R/LC Future Land Use designation allows for diverse development options, including office, medical, restaurant, multi-family residential, single-family residential, and more. Detailed zoning information is readily available upon request. The property is serviced by city water and septic, with electricity provided by Florida Power & Light (FPL). This high-traffic location, combined with its flexible zoning and readily available utilities, makes this parcel an ideal site for a variety of commercial developments. The asking price for this exceptional property is $295,000. Don't miss this chance to secure a prominent location in a thriving area. Contact us today to learn more and schedule a site visit.

    Property Features for 0 Malabar Rd

    General Information

    Property type
    Land
    Lot Size
    108,464 SF

    HighLights

    • 373 feet of frontage on Malabar Road.
    • 256 feet of depth on Corey Road.
    • High visibility at the Malabar Road and Corey Road intersection, with over 20,000 vehicles per day.
    • R/LC zoning allows for office, medical, restaurant, multi‑family, and single‑family residential uses.
    • City water, septic, and FPL utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Malabar
    County
    Brevard
    State
    Florida
    Longitude
    -80.5915412
    Latitude
    27.9980695

    Nearby Comparable

    • $295,000

      Malabar Corner Lot Investment

      High-traffic location, flexible zoning.
      0 Malabar Rd, Malabar, FL 32950
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    • $295,000

      Land with High Traffic Visibility

      Land with frontage on Malabar and Corey Roads intersection.
      1572 Malabar Rd, Malabar, FL 32907
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    • $165,000

      Malabar Commercial Land - $165K

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      1495 Absaroka Ln, Malabar, FL 32950
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      Malabar Road Corner Lot

      2.49 Acres, High-Traffic Location
      0 Malabar Rd, Malabar, FL 32950
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    • $149,900

      Malabar Land: 1.4 Acres, $149,900

      1.4-Acre Commercial/Residential Lot in Malabar, FL
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    FAQs

    What type of property is this?
    Land - 2.49 Acres, High-Visibility Location
    Where is this land located?
    The property is located at Malabar Rd Malabar, FL.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: 373 feet of frontage on Malabar Road.; 256 feet of depth on Corey Road.; High visibility at the Malabar Road and Corey Road intersection, with over 20,000 vehicles per day.
    Request Owner's contact information
    Malabar Rd Malabar, FL 32950
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    Malabar, FL 32950
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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
    Malabar Rd Malabar, FL 32950
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