Babcock St Palm Bay, FL 32909
- Land
- 2.43 lot acres
Current Use by Public Records
- Land
Property Details for 0 Babcock St
- Lot size
- 2.43 lot acres
- Property type
- Land
Description
This exceptional 2.43-acre parcel presents a compelling investment opportunity in Grant-Valkaria, Florida. Strategically located at the southeast corner of Grant Road and Babcock Street, this property is zoned AU (Agricultural Residential) with a future land use designation of LC (Local Commercial), paving the way for commercial development. Rezoning to BU-1-A (Restricted Neighborhood Retail Commercial) is anticipated, aligning with the area's growth trajectory. The site benefits significantly from its proximity to major infrastructure improvements. The nearly completed St. John Heritage Parkway enhances accessibility and development potential, while a new Publix-anchored shopping center, including additional retail and medical space, is under construction just two miles south. Nearby, DR Horton is developing Crystal Bay, a substantial 1500+ lot single-family residential community, further solidifying the area's growth. The property consists of two contiguous vacant parcels (Brevard County Property Appraiser Parcel IDs 29-37-34-00-286 and 29-37-34-00-287), offering flexibility for development. Located within the Palm Bay-Melbourne-Titusville metropolitan statistical area, this land offers exceptional potential for commercial development in a rapidly expanding region. The property is situated in a low-density, mixed-use area within the Grant-Valkaria city limits, bordered by Malabar Road to the north, Micco Road to the south, US 1 to the east, and Babcock Street to the west. While currently lacking an assigned address, its location within Grant-Valkaria, Brevard County, FL 32909 is clearly defined. This prime location, coupled with the ongoing infrastructure improvements and residential growth, makes this a highly attractive investment for discerning buyers.
Value Estimations
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AI approach
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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
- FL - Florida
- State
- Florida
- Longitude
- -80.6227
- Latitude
- 27.9239