1240 Malabar Road

Palm Bay, FL 32909

  • 0 Sqft
  • 2
    Acres(Lot)
$1,500,000

Description

This 1.90-acre gc-zoned site sits at i-95 exit 173 on malabar rd (sr 514), palm bay's busiest east-west corridor. ±334' frontage offers visibility from the i-95 off-ramp—ideal for qsr, retail, medical, or office use. traffic exceeds 50,000 vpd, fueled by commuters and growth west of i-95, incl. 800+ homes at st. john's preserve. city water/sewer available. gc zoning allows development without rezoning. access is right-in/right-out on malabar, with potential full access via nearby babcock st signal. parcel fits two qsr pads, 10-12k sf strip, or medical/pro office. palm bay pop. nearing 149k, median income $67.5k. major employers nearby incl. l3harris, raytheon, renesas & palm bay hospital. area tenants: walmart, lowe's, home depot, and new publix center. comparable i-95 sites trade $750k-$1.2m/acre. priced at $789k/acre. ideal for qsr, convenience, urgent care, or nnn tenant. ground lease or bts considered.

  • Property Type

    Land
  • County

    Brevard
  • Style

    Land
  • AD ID

    50119748

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BuyOwner last updated this listing 06/21/2025 @ 11:00

  • MLS: 1048524
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Space Coast MLS (Space Coast Association of REALTORS®)

is a Land, with bedrooms which is for sale, it has 0 sqft, 2 sized lot, and 0 parking. are nearby neighborhoods.