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27385047
27385048

180 Malabar Rd SW, Palm Bay, FL 32907

JF
CA 02100489
Marcus & Millichap - Los Angeles
TB
CA 02116455
Marcus & Millichap - Los Angeles
RN
01324570
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles
$550,000
240 days on market
Updated 20 days ago

Pad Ready Development Opportunity | Palm Bay, FL

Details
Property Type Land, Retail
Sub Type Commercial, QSR/Fast Food (+1)
Square Footage 19,602
Acreage 0.450

Land | 0.45 AC | Fantastic Traffic Counts

Marketing description

Presenting a prime 0.45 AC commercial land opportunity in the heart of Palm Bay—located at 180 & 191 Malabar Road NE, Palm Bay, Florida. These two adjacent parcels of vacant land are strategically positioned next to a brand-new Dairy Queen, offering exceptional visibility and accessibility. Located directly across from key civic and commercial landmarks—including City Hall, the Police Department, and the local library—this site benefits from strong community engagement and consistent foot traffic. Additionally, the property is adjacent to a retail strip center anchored by Winn-Dixie, featuring national tenants such as McDonald’s, Great Clips, Planet Fitness, Mash Hoagies, Space Coast Credit Union, PNC Bank, and more. Malabar Road SE sees a daily traffic count of 21,300 vehicles, ensuring significant exposure for future developments. Just minutes away, The Shoppes of Palm Bay further enhance the area’s retail presence, with prominent tenants including Walmart Supercenter, Home Depot, Texas Roadhouse, Lowe’s, Chick-fil-A, Harbor Freight, Publix, Waffle House, and Comfort Suites.

Palm Bay is one of Florida’s fastest-growing cities, offering a strong economic foundation with a diverse mix of industries including aerospace, manufacturing, and technology. As part of the Space Coast region, Palm Bay enjoys close proximity to major aerospace employers and its thriving business environment makes it an attractive destination for both residents and commercial investors.

Investment highlights

  • Two adjacent parcels of vacant land (.45AC) are strategically positioned next to a brand-new Dairy Queen, offering exceptional visibility and accessibility.

  • Located directly across from key civic and commercial landmarks—including City Hall, the Police Department, and the local library.

  • Palm Bay is one of Florida’s fastest-growing cities, offering a strong economic foundation with a diverse mix of industries, including aerospace, manufacturing, and technology.

  • Malabar Road SE sees a daily traffic count of 21,300 vehicles, ensuring significant exposure for future developments.

  • The property is adjacent to a retail strip center anchored by Winn-Dixie, featuring national tenants such as McDonald’s, Great Clips, Planet Fitness, Mash Hoagies, Space Coast Credit Union, PNC Bank, and more.

  • In Palm Bay, FL, a commercial land opportunity presents a prime location for retail or dining development. Retail development presents an excellent opportunity for a small to mid-sized retail store in a high-traffic commercial corridor.

Listing Contacts

JF
CA 02100489
Marcus & Millichap - Los Angeles
TB
CA 02116455
Marcus & Millichap - Los Angeles
RN
01324570
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles

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Additional Information

Name
Ryan Nee
License
3154667
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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