429 Babcock St Melbourne, FL 32901
- Land
Current Use by Public Records
- Land
Property Details for 429 Babcock St
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6214
- Latitude
- 28.1014
