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1224 St Andre blvd - 15.57 Acres Land Bank Opportunity

15.57 Acres of Commercial Land Offered at $1,250,000 in Palm Bay, FL 32908

Executive Summary

Situated on the south-west side of Palm Bay lies a land parcel ripe for investment. As the state advances the extension of the St. Johns Heritage Parkway, this region is rapidly positioning itself as the next hub for commercial development.
The proximity to the Parkway guarantees enhanced connectivity and visibility, two essential criteria for appreciating land value. Current projections suggest that this area will be fully engaged in commercial development within the next five years. Moreover, given the limited availability of commercial parcels along the Parkway route, this might be one of the final chances to secure such a strategic position.
Why wait until prices are $300,000 an acre, like the rest of the City of Palm Bay. For investors looking at long-term gains, this land represents a tangible asset in a developing corridor of opportunity in Palm Bay. Don't miss your chance to invest in the pathway of progress.

Property Facts

Price $1,250,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 15.57 AC

1 Lot Available

Lot

Price $1,250,000
Price Per AC $80,283
Lot Size 15.57 AC

Zoned General Commercial

  • Listing ID: 29464511

  • Date on Market: 9/7/2023

  • Last Updated:

  • Address: 1224 St Andre blvd, Palm Bay, FL 32908

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