For Sale $1,250,000
Property Type VacantLand
Lot Size 15.57 Acre
Date Updated Mar 27, 2024

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.TBD

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Contacts

Cassandra Hartford

REACH Commercial Real Estate

(321) 514-0876

Location

Getting Around

Walk Score ®
50/100 Somewhat Walkable
Bike Score ®
73/100 Very Bikeable

Map
Street

City Palm Bay, FL
Neighborhood Palm Bay
Zip Code 32905
Market Orlando

Points of Interest

Circle K

0.37 miles
7-Eleven

0.69 miles
Cumberland Farms

1.06 miles
Shell

1.08 miles
BP

1.34 miles
Sunoco

1.70 miles
7-Eleven

2.10 miles
Speedway

2.12 miles
BJ's Gas

2.20 miles
RaceTrac

2.36 miles

Joe Mullins Park Parking

1.23 miles
South Malabar Parking

2.39 miles
Columbia Village Parking Garage

2.92 miles
B1 Parking

4.04 miles
Driver Training Lot

4.19 miles
Palm Bay Lot

4.65 miles
Rental Car Lot

4.90 miles
Central Parking - Main Lot

6.90 miles
North Parking - East of Main Building

6.95 miles
West Parking - Back Lot

7.01 miles

Quality Inn

2.53 miles
Hampton Inn & Suites

2.56 miles
Holiday Inn Express & Suites Palm Bay

2.60 miles
Comfort Suites Palm Bay - Melbourne

2.67 miles
Crane Creek Inn

3.23 miles
Port d'Hiver bed and Breakfast

3.91 miles
Riders Of The Storm Inn

4.01 miles
Residence Inn by Marriott Melbourne

4.09 miles
Hilton Melbourne, FL

4.35 miles
Suburban Extended Stay Hotel Melbourne Airport

4.45 miles

Chekmarc's

0.34 miles
Meshi Ya

0.36 miles
Happy Garden

0.57 miles
Wendy's

0.97 miles
Dunkin' Donuts

1.01 miles
KFC

1.02 miles
McDonald's

1.05 miles
Pizza Hut

1.07 miles
Memaw's BBQ

1.07 miles
Irashai 2

1.07 miles

Palm Bay Elementary

0.86 miles
Palm Bay High School

1.47 miles
Port Malabar Elementary

2.02 miles
Melbourne Central Catholic High School

2.11 miles
Stone Middle School

2.25 miles
Florida Institute of Technology FW Owlins Sports Complex

2.33 miles
Riviera Elementary School

2.39 miles
Florida Institute of Technology College of Business

2.43 miles
Florida Institute of Technology Allen S Henry Building

2.45 miles
Florida Institute of Technology Wave Tank Research Building

2.45 miles

Coral Reef Academy

1.44 miles
Kids Place

2.10 miles
Berri Patch Preschool

2.25 miles
Playsmart

2.48 miles
Elyon Child Care

2.52 miles
Doorway to Learning

2.90 miles
Palm Bay Daycare

3.89 miles
Mustard Seed Kidz

4.22 miles
Little Angels

4.62 miles
Kids World Academy of Florida

5.47 miles

Frequently Asked Questions

What is the lease rate for Land Opportunity: Palm Bay's Prime Parkway Real Estate?

Rental asking rate at Land Opportunity: Palm Bay's Prime Parkway Real Estate is $625,000.00/YR.

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