You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

429 Babcock St Melbourne, FL 32901

Property ID
Property summary
AI-generated overview

This exceptional .42-acre commercial land parcel, encompassing 18,295 square feet, presents a prime investment opportunity in the heart of Midtown Melbourne, Florida. Strategically located between the Eau Gallie and Melbourne Causeways, this C-2 zoned property boasts 150 feet of frontage on Babcock Street, ensuring high visibility and accessibility. The site benefits from a significant daily traffic count of 21,000 vehicles, providing exceptional exposure for any commercial venture. Melbourne and the surrounding Space Coast region are experiencing remarkable growth, fueled by a influx of highly skilled workers drawn to the area's favorable tax climate (no state income tax), attractive incentives for businesses, and a thriving entrepreneurial ecosystem. This growth is further supported by three major residential projects planned for Downtown Melbourne, promising a bright future for the area. The Space Coast's diverse corporate landscape, ranging from startups to large corporations, creates a dynamic and robust business environment. This property is ideally suited for a variety of commercial uses, offering significant potential for development and return on investment. Showings are available by appointment only. The property is located at 429 & 427 S Babcock Street, Melbourne, FL 32901.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 429 Babcock St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message