I-95 Exposure Land
For Sale
Contact for pricing
Grogan Ave NE, Palm Bay, FL 32907
Two parcels with I-95 exposure, near schools and shopping.
Property SizeContact for details
Lot Size6.99 Acres
Days on Market1486
Property Features for Grogan Ave NE
General Information
Standard status
Active
Lot size
6.99 Acres
Property subtype
Land
Zoning
RES, IU
Listing Agency:
PALM BAY LAND
Listed By:
Vahid Rajabian · License #BK3454072
(321) 333-7230
Source:
Crexi
Added: Aug 11, 2022
Changed: Aug 16
Last Checked: Aug 30 at 9:09PM
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 PALM BAY LAND
Investment Insights
Based on property information with market context.
This exceptional real estate opportunity features two distinct parcels with I-95 exposure and easy access to amenities and schools. The front 0.5-acre parcel is zoned RS, while the rear parcel spans 6.49 acres and is zoned for Institutional use. The future land use designation is “Utilities,” providing possibilities, including rezoning. The property can be divided to accommodate up to four homes by subdividing each into two parcels, adhering to existing zoning. A reconfiguration can yield multiple half-acre lots with a cul-de-sac, ideal for estate home development. The property's location ensures visibility and access, with proximity to Lochmar Elementary and Hammock Landing, a commercial hub featuring retailers such as Publix, Target, Kohl's, Ross, Marshall, and Dollar Tree, along with dining establishments. Consider this property for a place of worship, commercial ventures, or as a location for a cell tower or billboard with the potential for long-term lease and income generation. The owner is open to facilitating the acquisition with financing terms. This property is suited for projects ranging from residential development to commercial endeavors. Its location, combined with dual zoning, makes it a rare find.
Key Highlights
- I‑95 Exposure: Strategically situated with high visibility and easy access.
- Dual Zoning: Front parcel zoned RS (0.5 acres), rear parcel zoned Institutional (6.49 acres).
- Multiple Development Options: Potential for up to four homes, multiple half‑acre estate lots, or commercial ventures.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 32907, FL
44,432
Population
17,761
Households
2.5
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
17.7 sq mi
ZIP Area
2,510
Density / Sq Mi
$71,827
Median Household Income
$36,498
Median Earnings
$1,693
Median Rent
$253,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two parcels with I-95 exposure, near schools and shopping.
Where is this commercial land located?
The property is located at Grogan Ave NE Palm Bay, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: I‑95 Exposure: Strategically situated with high visibility and easy access.; Dual Zoning: Front parcel zoned RS (0.5 acres), rear parcel zoned Institutional (6.49 acres).; Multiple Development Options: Potential for up to four homes, multiple half‑acre estate lots, or commercial ventures.
