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Palm Bay Commercial Land Available
For Sale
$274,900

5015 Babcock Street Northeast, Palm Bay, FL 32905

1.3-acre commercial land with high traffic frontage.

Property Size56,628 SF
Lot Size1.30 Acres
Price / SF$4.85
Days on Market2085

Property Features for 5015 Babcock Street Northeast

General Information

Standard status Active
Size 56,628 SF
Lot size 1.30 Acres
Property subtype Land / Unimproved Land

Taxes and HOA fees

Annual Taxes $4,791
Listing Agency: East Coast Prop. of Brevard
Listed By: William J Sims · License #493239
Source: Compass
Added: Feb 4, 2021 Changed: Oct 19 Last Checked: Oct 20 at 11:39PM

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 East Coast Prop. of Brevard

Rey
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Investment Insights

Based on property information with market context.

This 1.3-acre rectangular parcel is situated midway between the commercial areas of Palm Bay Road and Port Malabar Boulevard. It features 202 feet of frontage on Babcock Street and a depth of 280 feet. The 2016 traffic count for this section of Babcock Street was 33,800 ADT. The property benefits from full access to Babcock Street via a shared driveway and median cut. It includes 20 parking spaces and an eight-inch water line. The site is mostly cleared, filled, and above street grade. Neighborhood activity in the area is strong and growing.

Key Highlights

  • High traffic count: 33,800 ADT on Babcock Street.
  • 1.3 acre rectangle parcel with 202 feet of Babcock Street frontage.**
  • Full access to Babcock Street via shared driveway and median cut.

Property Analytics

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Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Real Estate Agency Building Supply Auto Parts Store Parking Lot & Garage

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

392
Businesses Nearby

Demographics for 32905, FL

26,064
Population
12,635
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
91%
High-School Grad
9.7 sq mi
ZIP Area
2,687
Density / Sq Mi
$56,671
Median Household Income
$31,688
Median Earnings
$1,361
Median Rent
$206,200
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?
Commercial land - 1.3-acre commercial land with high traffic frontage.
Where is this commercial land located?
The property is located at 5015 Babcock Street Northeast Palm Bay, FL.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: High traffic count: 33,800 ADT on Babcock Street.; 1.3 acre rectangle parcel with 202 feet of Babcock Street frontage.**; Full access to Babcock Street via shared driveway and median cut.
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