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    6370 Minton Rd Palm Bay, FL 32907

    For Lease
    Contact for pricing

    High-traffic location, build-to-suit options.

    Lot size:
    87,120 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial land opportunity is situated in Palm Bay, Florida, at the high-traffic intersection of Minton Road and Malabar Road. The property boasts prime visibility across from the Palm Bay West Shopping Center, anchored by major retailers including Bealls, McDonald's, PNC Bank, GNC, Sally Beauty Supply, and Winn-Dixie. A Walgreens is directly adjacent, and a new Domino's is located across the street, ensuring consistent high foot and vehicle traffic. This location benefits from the rapidly expanding consumer market of Palm Bay. Several outparcel options are available, ranging from 0.56 acres to 1.61 acres, offering flexibility for various development projects. The 0.56-acre parcel is priced at $50,000, the 1.25-acre parcel at $100,000, and the 1.61-acre parcel at $125,000. Lease options include ground leases or build-to-suit arrangements, with an annual rent of $78,000 per acre, or $6,500 per acre monthly. This property presents a unique chance to capitalize on a thriving retail environment in a rapidly growing area. The address is 6370 Minton Rd NW, Palm Bay, FL 32907.

    Property Features for 6370 Minton Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    87,120 SF

    Unit(s) available at that property

    Space
    Size
    87,120 SF

    HighLights

    • Prime Palm Bay, FL location in a high‑traffic area with strong consumer demand.
    • Excellent visibility at Minton Rd and Malabar Rd, directly across from Palm Bay West Shopping Center (anchored by Bealls, McDonald's, and others).
    • Adjacent to Walgreens and across from a new Domino's.
    • Ground lease or build‑to‑suit options available.
    • 0.56‑acre outparcel: $50,000/year ground lease.
    • 1.25‑acre outparcel: $100,000/year ground lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.6733372
    Latitude
    28.0004442

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    FAQs

    What type of property is this?
    Land - High-traffic location, build-to-suit options.
    Where is this land located?
    The property is located at 6370 Minton Rd Palm Bay, FL.
    What are key features of this property?
    This property features: Prime Palm Bay, FL location in a high-traffic area with strong consumer demand.; Excellent visibility at Minton Rd and Malabar Rd, directly across from Palm Bay West Shopping Center (anchored by Bealls, McDonald's, and others).; Adjacent to Walgreens and across from a new Domino's.
    Request Owner's contact information
    6370 Minton Rd Palm Bay, FL 32907
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    Palm Bay, FL 32907
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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
    6370 Minton Rd Palm Bay, FL 32907
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