For Lease
$17/SF/YR

1240 Malabar RdPalm Bay, FL 32907

1.9 Acres, High-Traffic Location

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1.9-acre commercial land parcel presents a prime ground lease opportunity in Palm Bay, Florida. Boasting 82,764 square feet and a significant 315-foot frontage on Malabar Road, this property enjoys unparalleled visibility and accessibility. Located at 1240 Malabar Road, the site benefits from its strategic position at the intersection of Malabar Road, I-95, and Babcock Road, experiencing daily traffic counts exceeding 40,000 vehicles. The GC zoning allows for a variety of commercial uses, making it suitable for a wide range of businesses. Situated in Brevard County, zip code 32907, this property is ideally positioned within Palm Bay, a rapidly growing city recognized by Forbes as one of the fastest-growing in the nation. The area is home to major employers in defense, ICT, aviation, and aerospace, including Raytheon Technologies, Renesas Electronics, and L3Harris, creating a robust and expanding market. This high-traffic location and strong economic environment make this a truly exceptional investment opportunity for businesses seeking high visibility and access to a thriving consumer base. The single-tenant lease structure offers simplicity and control. Don't miss this chance to establish your business in a dynamic and rapidly developing area.

Highlights

  • 1.9-acre commercial land parcel in Palm Bay, FL, offering a ground lease opportunity.
  • 82,764 square feet with 315 feet of frontage on Malabar Road, providing high visibility.
  • Strategically located at the intersection of Malabar Road, I-95, and Babcock Road, with over 40,000 vehicles daily.
  • GC zoning allows for diverse commercial uses.
  • Located in a rapidly growing area of Palm Bay, Brevard County (zip code 32907), near major employers in defense and technology.
  • Single-tenant lease structure available.

Property Details for 1240 Malabar Rd

Property type
Land
RSF (Rentable sq. ft)
82,764 SF

Unit(s) available at that property

Space
Size
82,764 SF
Rate per SF
$17

Location Insight

City
Palm Bay
County
Brevard
State
Florida
Latitude
27.9984408
Longitude
-80.6243729
1240 Malabar Rd, Palm Bay, Florida

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Contacts

Cassandra Hartford
Cassandra Hartford

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1240 Malabar Rd, Palm Bay, Florida, 32907

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1240 Malabar Rd
  • Cassandra Hartford
    Cassandra Hartford
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