220 Interstate Ct

Description:

This 2.2-acre commercial property in Palm Bay, Florida, is strategically positioned at the intersection of Malabar Road and I-95, offering an ideal location for industrial use. Palm Bay is home to over 119,000 residents, with a stable median household income of $50,653 and a median age of 42.4 years, making it a thriving community with a strong local economy.

The property is part of the rapidly developing Malabar Park area, which is set to include 275,000 square feet of flexible warehouse space. This prime location provides excellent visibility and accessibility, with frontage on Malabar Road and easy access to I-95, ensuring high exposure to both local and regional traffic.

This site represents one of the last available parcels in this growing industrial corridor, offering a unique opportunity for businesses seeking to establish or expand their operations in a dynamic and business-friendly environment.

Palm Bay, a city in Brevard County, Florida, is a prime location for businesses, particularly in the aerospace, defense, and semiconductor manufacturing industries. With a population of over 115,000 and a diverse labor pool, Palm Bay offers a supportive business climate, favorable tax rates, and a high quality of life. Major companies like Harris Corporation, L3Harris Technologies, Intersil Corporation, DRS Technologies, and Northrop Grumman Corporation contribute to the city's thriving economy.

The Space Coast, which includes Palm Bay, is a hotbed for innovation and growth. The region is known for its high-tech economy, STEM technology, and expanding workforce. The private space exploration industry, with companies like SpaceX and Blue Origin, has a significant presence in the area. The Space Coast offers an ideal operating climate, combining low operating costs, targeted incentives, and a skilled workforce.

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