Midtown Melbourne Commercial Land
For Sale
Contact for pricing
429 & 427 S Babcock Street, Melbourne, FL 32901
Prime 0.42-acre commercial property in Midtown Melbourne.
Property SizeContact for details
Lot Size0.42 Acres
Days on Market896
Property Features for 429 & 427 S Babcock Street
General Information
Standard status
Active
Lot size
0.42 Acres
Property subtype
Land
Listing Agency:
ONE Sotheby's International Realty Melbourne Beach
(321) 349-5068
Listed By:
James Edmunds · License #3414010
Source:
Crexi
Added: Mar 17, 2024
Changed: Aug 8
Last Checked: May 12 at 9:01PM
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 ONE Sotheby's International Realty Melbourne Beach
Investment Insights
Based on property information with market context.
This 0.42-acre C-2 commercial property is centrally located in Midtown Melbourne, between the Eau Gallie and Melbourne Causeways. The site features 150 feet of frontage on Babcock Street, which experiences a high traffic count of 21,000 AADT. The property is positioned to benefit from the unprecedented growth occurring in Melbourne and Florida's Space Coast, which is attracting an influx of highly skilled, well-paid professionals. Factors driving this growth include the absence of state income tax, corporate tax incentives, major mergers, and a thriving start-up scene. The area's future is further enhanced by three major residential projects planned for Downtown Melbourne. The Space Coast is home to a dynamic and innovative business ecosystem encompassing start-ups, mid-sized enterprises, and industry giants across multiple sectors. Shown by appointment only.
Key Highlights
- Prime 0.42‑acre C‑2 Commercial property in Midtown Melbourne.
- Boasts 150 feet of frontage on Babcock St. with high traffic count (21,000 AADT).
- Centrally located between Eau Gallie and Melbourne Causeways.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime 0.42-acre commercial property in Midtown Melbourne.
Where is this commercial land located?
The property is located at 429 & 427 S Babcock Street Melbourne, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Prime 0.42‑acre C‑2 Commercial property in Midtown Melbourne.; Boasts 150 feet of frontage on Babcock St. with high traffic count (21,000 AADT).; Centrally located between Eau Gallie and Melbourne Causeways.
