Pad Ready Development Opportunity | Palm Bay, FL
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.
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