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Proposed Mixed-Use Development Site
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3999 S Babcock St # 2, Melbourne, FL 32901

Sustainable mixed-use development site in Melbourne City Center.

Property Size67,518 SF
Days on Market892

Property Features for 3999 S Babcock St # 2

General Information

Standard status Active
Size 67,518 SF
Property subtype Hospitality
Zoning Mixed-Use Development
Listing Agency: Manny Chamizo #1 Sotheby's Commercial Broker
Listed By: Manny Chamizo · License #0479698
Source: Crexi
Added: Apr 5, 2024 Changed: Sep 5 Last Checked: Sep 12 at 3:36AM

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 Manny Chamizo #1 Sotheby's Commercial Broker

Investment Insights

Based on property information with market context.

Melbourne City Center is a proposed sustainable mixed-use development intended to attract residents, professionals, university students, and consumers. The development is planned to consist of single-family homes, apartments, a retail center, a medical and professional campus, a senior living facility, a university site, a charter school, restaurants, and entertainment venues. The site is located on Babcock Street and Pirate Lane in Melbourne, in the heart of the Space Coast, near Cape Canaveral and the Kennedy Space Center. It is situated east of Interstate 95 and south of Orlando-Melbourne International Airport. The location on South Babcock Street benefits from a high traffic count of 36,000.

Key Highlights

  • Sustainable mixed‑use development offering diverse housing, retail, medical, educational, and entertainment options.
  • Strategic location on Babcock Street and Pirate Lane with high traffic count and high visibility.
  • Proximity to Cape Canaveral and Kennedy Space Center.

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

457
Businesses Nearby

Demographics for 32901, FL

26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Sustainable mixed-use development site in Melbourne City Center.
Where is this mixed-use property located?
The property is located at 3999 S Babcock St # 2 Melbourne, FL.
What are key features of this property?
This property features: Sustainable mixed‑use development offering diverse housing, retail, medical, educational, and entertainment options.; Strategic location on Babcock Street and Pirate Lane with high traffic count and high visibility.; Proximity to Cape Canaveral and Kennedy Space Center.
(786) 486-6655 Call to check price and availability
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