0 Babcock St Palm Bay, FL 32909
This exceptional 50,094 square foot mixed-use property presents a unique investment opportunity in the vibrant Palm Bay, Florida area. Located at 0 S Babcock Street, Melbourne, FL 32909, this expansive lot offers significant potential for development. The property is situated in a low-density mixed-use zone within the Grant-Valkaria city limits, providing a desirable location for a variety of commercial ventures. Its strategic position is bordered by Malabar Road to the north, Micco Road to the south, US-1 to the east, and Babcock Street to the west. This prime location benefits from proximity to major roadways, ensuring excellent accessibility and visibility. The surrounding area encompasses Malabar, Grant-Valkaria, Palm Bay, and unincorporated Brevard County, covering approximately 48 square miles. The asking price for this substantial parcel is $500,000. This represents a compelling opportunity to acquire a significant land holding in a rapidly growing region of Florida. The absence of existing structures allows for complete design flexibility, catering to a wide range of development plans. Serious inquiries are encouraged to explore the full potential of this remarkable property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.