Prime Outparcel in Palm
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Babcock St & Capital Dr SE Palm Bay FL 32909 USA, Palm Bay, FL 32909
Outparcel for ground lease or build-to-suit near Publix.
Space SizeContact for details
Days on Market340
Property Features for Babcock St & Capital Dr SE Palm Bay FL 32909 USA
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE | Orlando
Listed By:
Katy Taylor · License #SL3485925
(407) 404-5071
Source:
Cbre
Added: Nov 22, 2025
Changed: Oct 25
Last Checked: Oct 28 at 7:39AM
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 CBRE | Orlando
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Investment Insights
Based on property information with market context.
This outparcel offers up to approximately 1.12 acres for ground lease or build-to-suit development in Palm Bay, Florida. The property is adjacent to a newly constructed Publix shopping center, providing visibility along Babcock Street and access with multiple points of ingress and egress. Cross access is available along both Babcock Street and St. Johns Heritage Parkway. The site is expected to benefit from the proposed St. Johns Heritage Parkway extension, which will establish a north-south corridor linking Interstate 95 with US Highway 192. The location is positioned in an area experiencing growth, with an expected 9.59% population increase within a one-mile radius.
Key Highlights
- Adjacent to a newly constructed Publix shopping center, providing immediate customer traffic.
- High visibility on Babcock Street with multiple access points.
- Potential for ground lease or build‑to‑suit development up to ±1.12 acres.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 32909, FL
36,789
Population
14,278
Households
2.6
Avg Household Size
42
Median Age
23%
College-Educated
92%
High-School Grad
57.7 sq mi
ZIP Area
638
Density / Sq Mi
$76,708
Median Household Income
$36,071
Median Earnings
$1,502
Median Rent
$261,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Outparcel for ground lease or build-to-suit near Publix.
Where is this storefront property located?
The property is located at Babcock St & Capital Dr SE Palm Bay FL 32909 USA Palm Bay, FL.
What are key features of this property?
This property features: Adjacent to a newly constructed Publix shopping center, providing immediate customer traffic.; High visibility on Babcock Street with multiple access points.; Potential for ground lease or build‑to‑suit development up to ±1.12 acres.
