Commercial Corner/1 Acre Lot - High Traffic Counts

Malabar Road and Greenacre Dr. SW Corner, Palm Bay, FL

$675,000

Price

0.9 acres

Lot Area

 
Overview
Lot Area
0.9 acres
Description

This rectangle-shaped vacant commercial land parcel is located on bustling Malabar Road, just a short drive to Interstate 95, Orlando-Melbourne airport, and local beaches.
The lot has approximately 250 feet of direct frontage on Malabar Road. This is a high-traffic area, with a range reported by Space Coast TPO of 23,420 - 35,090 cars passing daily along this section of Malabar Road.
This vacant land parcel is zoned R-S-Restrictive Commercial-City of Palm Bay.
Water and sewer would be provided by the City of Palm Bay. Water is available, but the parcel is not currently being serviced. Sewer lines run along the south side of Malabar Road, a lift station installation would be required to activate sewer service. Fee estimates to connect utilities are available upon request.
Major local employers within a 10 mile commute include: GE, Embraer, Rockwell Collins, L3/Harris Corporation, Melbourne Square Mall. Local points of interest include the Orlando-Melbourne International Airport, Eastern Florida State College and Florida Institute of Technology, both with Palm Bay campus locations.
PID: 29-37-06-01-*-11 Tax ID: 2926330

The subject property consists of just under an acre of commercial vacant land parcel with direct Malabar Road frontage. This parcel lies on the south side of Malabar Road, just 1.8 miles west of the Interstate 95 interchange, for easy access to Orlando and points south. The closest airport is the Orlando-Melbourne International Airport, just over 10 miles to the north. This is a high-traffic area, with a range reported by Space Coast TPO of 23,420 - 35,090 cars passing daily along this section of Malabar Road.

Highlights
  • This rectangle-shaped vacant commercial land parcel is located on bustling Malabar Road, just a short drive to Interstate 95, Orlando-Melbourne airport, and local beaches.
  • The lot has approximately 250 feet of direct frontage on Malabar Road. This is a high-traffic area, with a range reported by Space Coast TPO of 23,420 - 35,090 cars passing daily along this section of Malabar Road.
  • This vacant land parcel is zoned R-S-Restrictive Commercial-City of Palm Bay.
  • Water and sewer would be provided by the City of Palm Bay. Water is available, but the parcel is not currently being serviced. Sewer lines run along the south side of Malabar Road, a lift station installation would be required to activate sewer service. Fee estimates to connect utilities are available upon request.
  • Major local employers within a 10 mile commute include: GE, Embraer, Rockwell Collins, L3/Harris Corporation, Melbourne Square Mall. Local points of interest include the Orlando-Melbourne International Airport, Eastern Florida State College and Florida Institute of Technology, both with Palm Bay campus locations.
  • PID: 29-37-06-01-*-11 Tax ID: 2926330

Location
Gallery