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Palm Bay Development Opportunity
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J.A. Bombardier Blvd, Palm Bay, FL 32908

Large land portfolio in rapidly developing SW Palm Bay.

Property SizeContact for details
Days on Market815

Property Features for J.A. Bombardier Blvd

General Information

Standard status Active
Property subtype Land
Zoning Residential
Listing Agency: PALM BAY LAND
Listed By: Vahid Rajabian · License #BK3454072
Source: Crexi
Added: May 17, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:23AM

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.

Located in SW Palm Bay, this area is an emerging hub of growth and development. The property includes 1,565+/- scattered residential lots plus 100+/- acres of commercial and multifamily land on the main corridor. An additional 600+/- residential lots are available for current and ready-to-permit residential development. A proposed Saint John’s Heritage Parkway will soon traverse this section, connecting the I-95 interchange at exit 166 to the same road on the west side of Malabar Road, creating a crucial beltway around Palm Bay and enhancing accessibility to the Orlando-Melbourne International Airport. The city recognizes the potential of this area and is focusing on bringing essential infrastructure and utilities to support the community. Plans include underground utilities, full utilities, and sidewalks, making this an attractive section of the city for residential development. The 100 acres of prime land at a major intersection is ideally suited for commercial developments, multifamily housing, and industrial projects. The area could support a vibrant city walk with restaurants, retail shops, and entertainment venues. Investing in this early stage offers the potential for significant returns.

Key Highlights

  • Significant Investment Potential: Early‑stage investment offers potential returns estimated between 100% to 400% increase in price per square foot.
  • Large Land Portfolio: Includes 1,565+\/- scattered residential lots and 100+\/- acres of commercial/multifamily land on the main corridor.
  • Strategic Location: Situated in SW Palm Bay, an emerging hub poised for significant expansion and transformation.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 32908, FL

14,420
Population
5,140
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
19.2 sq mi
ZIP Area
751
Density / Sq Mi
$66,589
Median Household Income
$40,503
Median Earnings
$1,822
Median Rent
$265,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Large land portfolio in rapidly developing SW Palm Bay.
Where is this residential land & home lot located?
The property is located at J.A. Bombardier Blvd Palm Bay, FL.
What are key features of this property?
This property features: Significant Investment Potential: Early‑stage investment offers potential returns estimated between 100% to 400% increase in price per square foot.; Large Land Portfolio: Includes 1,565+\/- scattered residential lots and 100+\/- acres of commercial/multifamily land on the main corridor.; Strategic Location: Situated in SW Palm Bay, an emerging hub poised for significant expansion and transformation.
(321) 333-7230 Call to check price and availability
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