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1300 Malabar Rd SE - Rare Prime Hard Corner 87,000 cars/day
1.15 Acres of Commercial Land Offered at $2,899,000 in Palm Bay, FL 32907
Investment Highlights
- Hard Intersection.
- Traffic light access on both sides.
- Less than a mile in either direction for major retail and eateries.
- High Traffic Counts over 86,000 cars per day.
- The property is a half mile from Health First's Palm Bay Hospital Emergency Room.
Executive Summary
Property Facts
| Price | $2,899,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.15 AC |
| Property Type | Land |
| Price | $2,899,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.15 AC |
1 Lot Available
Lot
| Price | $2,899,000 | Lot Size | 1.15 AC |
| Price Per AC | $2,520,869.57 |
| Price | $2,899,000 |
| Price Per AC | $2,520,869.57 |
| Lot Size | 1.15 AC |
Prime 1.15 acres at signalized hard corner intersection just off I-95 at the corner of Malabar Rd and Babcock Street. Combined traffic counts of 87,000 cars per day with 51,500 cars on Malabar Rd and 35,500 cars on Babcock Street.
Description
Prime 1.15 acres at signalized hard corner intersection just off I-95 at the corner of Malabar Rd and Babcock Street. Combined traffic counts of 87,000 cars per day with 51,500 cars on Malabar Rd and 35,500 cars on Babcock Street. Building is occupied with month-to-month tenants that will vacate with 90 days' notice. Land is available for sale or lease. Ground lease for $177,000 NNN per year. Email Danny Daniele at djd@danielefamily.com or call cell phone 585-703-3849
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $351,720 | |
| Land Assessment | $263,160 | Total Assessment | $804,660 |
PROPERTY TAXES
zoning
| Zoning Code | CC (Commercial) |
| CC (Commercial) |
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1300 Malabar Rd SE - Rare Prime Hard Corner 87,000 cars/day
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