QSR, Medical, Retail on Main Road Redevelopment Opportunity
Great opportunity for redevelopment of retail on major road in growing Palm Bay, Florida.
Marketing description
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🏢 Signalized, Corner On Main Road Redevelopment Commercial Opportunity in the Booming Heart of City of Palm Bay! 🌆
🌆 Brevard County's Premier Commercial Investment Opportunity
Welcome to a remarkable commercial real estate opportunity in the thriving city of Palm Bay, Brevard County, Florida. This exceptional property comprises five smaller parcels, totaling approximately 1.75 acres, with the exciting potential to add two additional parcels, for an additional 0.23 acres, if required, for a total of 2.98 acres. Nestled amidst the dynamic landscape of Palm Bay, this offering presents unparalleled potential for the astute investor or visionary developer.
Property Features: 🚗 Strategic Location: Strategically positioned along one of Palm Bay's bustling thoroughfares, this property enjoys high visibility, with an impressive daily traffic count of approximately 26,400 vehicles. Located near prominent retailers and benefiting from a signalized intersection, this property is ideally suited for a variety of uses.
🏪 Endless Possibilities: The versatile zoning and expansive acreage offer endless possibilities for utilization. Consider the potential for QSR franchised businesses, a modern medical complex, a vibrant retail plaza, and many other uses. The property offers a substantial frontage of approximately 475 feet on Malabar Road, ensuring maximum exposure for your business venture.
🏡 A City on the Rise: Palm Bay is experiencing rapid growth, with a plethora of new residential developments on the horizon. The demand for commercial services and amenities is surging in tandem with the city's expansion, making this investment opportunity even more promising. A Dairy Queen is finalizing their construction at a site across the street, and a Tex-Mex Chipotle is also under construction just to the east.
🏠 Income Potential: The property currently features three existing houses, providing an immediate income stream while you prepare for redevelopment. This income can help offset carrying costs and enhance the overall return on investment.
🚰 Utilities Ready: The property is well-equipped with water and sewer connections readily available, streamlining the development process and ensuring efficient utility access.
Don't miss the chance to secure your stake in the burgeoning Palm Bay commercial landscape. Whether you're an investor seeking a high-traffic location for your business venture, a developer with grand redevelopment plans, or an individual looking to capitalize on the area's growth, this property offers the perfect canvas for your vision.
📞 Contact Vahid Rajabian to seize this remarkable commercial investment opportunity! 321-333-7230 or [email protected]
Investment highlights
🌟 Property Overview:
Total Acreage: 1.75+/- acres (with the possibility to add another 0.23 acre)
Potential Total Acreage: 2+/_ acres
Frontage: Potential for 475 feet on Malabar Road
Traffic Count: 26,400 Vehicles Daily and increasing rapidly
Zoning: Commercial
Signalized Intersection
📍 Prime Location:
Located on Major Road.
Amongst many major retail
located on a signalized corner with 23000 vehicles per day
Three houses on the property for income-producing opportunity before redevelopment
Less than two miles from interstate I-95
Great location for major franchised businesses, gas stations, medical plazas, and many more.
With a potential of 475 feet of frontage on Malabar road
Water and sewer is available to the property
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