6855 Babcock SE St Malabar, FL 32950-5006
- Commercial land
- 2.32 lot acres
Current Use by Public Records
- Commercial land
Property Details for 6855 Babcock SE St
- Lot size
- 2.32 lot acres
- Zone code
- OI
- Property type
- Commercial land
- APN
- 29-37-10-00-00266.0-0000.00
- APU
- 9223372036854775807
Description
This exceptional 4.88-acre development site presents a compelling investment opportunity in Malabar, Florida. Comprising three parcels (APN: 29-37-10-00-00266.0-0000.00, 29-37-10-00-00278.0-0000.00, 29-37-10-00-00299.0-0000.00), this property boasts a strategic location at the intersection of Babcock Street and Booth Road, offering 367 linear feet of frontage on Babcock Street. The asking price is $732,000. Zoned for residential and limited commercial use, this land benefits from its proximity to Interstate 95, just two miles from an interchange. I-95 sees a daily traffic volume of 59,500 vehicles, providing excellent access to both Jacksonville to the north and Miami to the south. The area has experienced significant population growth, increasing by 35 percent since 2000, indicating strong future demand. This site is ideal for developers seeking to capitalize on the area's growth and convenient access to major transportation arteries. The address is 6855 Babcock St SE, Malabar, FL 32950, located in Brevard County.
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
- Malabar
- County
- Brevard
- State
- Florida
- Longitude
- -80.6218
- Latitude
- 27.9774
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA