1240 Malabar Rd Palm Bay, FL 32907
- Land
- 1.90 lot acres
Current Use by Public Records
- Land
Property Details for 1240 Malabar Rd
- Lot size
- 1.90 lot acres
- Property type
- Land
Description
This exceptional 1.9-acre commercial land parcel presents a prime ground lease opportunity in Palm Bay, Florida. Boasting 82,764 square feet and a significant 315-foot frontage on Malabar Road, this property enjoys unparalleled visibility and accessibility. Located at 1240 Malabar Road, the site benefits from its strategic position at the intersection of Malabar Road, I-95, and Babcock Road, experiencing daily traffic counts exceeding 40,000 vehicles. The GC zoning allows for a variety of commercial uses, making it suitable for a wide range of businesses. Situated in Brevard County, zip code 32907, this property is ideally positioned within Palm Bay, a rapidly growing city recognized by Forbes as one of the fastest-growing in the nation. The area is home to major employers in defense, ICT, aviation, and aerospace, including Raytheon Technologies, Renesas Electronics, and L3Harris, creating a robust and expanding market. This high-traffic location and strong economic environment make this a truly exceptional investment opportunity for businesses seeking high visibility and access to a thriving consumer base. The single-tenant lease structure offers simplicity and control. Don't miss this chance to establish your business in a dynamic and rapidly developing area.
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
- Palm Bay
- County
- Brevard
- State
- Florida
- Longitude
- -80.6244
- Latitude
- 27.9984
