Current Use by Public Records
- Land
Property Details for 0 Xxx Babcock St
- Property type
- Land
Description
This exceptional 11,163 square foot commercial lot in Melbourne, Florida, presents a remarkable development opportunity. Priced at $275,000, this flat, cleared lot is one of nine nearly identical parcels, each designed to accommodate a 5,041 square foot office building. Infrastructure is already in place, including parking, retention, water, and sewer stub-outs, significantly reducing development time and costs. The proposed building design allows for four 1,260 square foot office condo units, or any suitable configuration. This prime location offers easy access to a nearby hospital, just 2.3 miles or a six-minute drive away, making it ideal for medical practices. The well-maintained complex boasts a diverse mix of existing businesses, including dentists, doctors, massage therapists, lawyers, insurance companies, and other professionals. This is a unique chance to own a free-standing office building in a thriving central location, with much of the groundwork already completed. The property is located at Xxx Babcock Street, Melbourne, FL 32935, in Brevard County. This is a turnkey opportunity for investors seeking a quick return on investment.
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
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6219
- Latitude
- 28.1117
