Prime Hotel and hospitality Property & Ideal for many uses
plotage of two land in a great area of Palm Bay by many multi-family and major retail
Marketing description
Unlock the full potential of this exceptional commercial property, strategically located near the I-95 interchange in Palm Bay. Boasting approximately 674 feet of frontage on San Filippo, this site offers a rare opportunity for a wide range of business ventures. With a new multifamily development nearing completion directly behind it and a recently approved 3,000-home development to the south, the area is on the brink of substantial growth.-the surrounding surge in residential and multifamily developments positions this property as a prime commercial and industrial investment. The location is also a prime for the hospitality business. Less than a mile for I-95 for great access.
Contact Information: Vahid Rajabian
Phone: 321-333-7230
Email: vahid@palmbayland.com
Seize this golden opportunity to become a part of Palm Bay's commercial growth. Reach out to Vahid Rajabian to discuss your vision for this prime property and explore the boundless possibilities it presents.
Investment highlights
Proximity to Hospitality, Retail & Dining: Located near a major highway, I-95, and surrounded by a variety of restaurant and retail businesses, including Super Walmart, Publix, Home Depot, and Lowe's, this property benefits from strong foot traffic and easy access.
Versatile Zoning: Ideal for hotels, medical offices, retail spaces, restaurants, or mixed-use developments. Consider opportunities such as a strip center, car wash, or mini storage, all with excellent exposure and accessibility.
High Visibility & Strategic Location: Situated on a heavily trafficked road in a rapidly expanding neighborhood, this site is a gateway to South Palm Bay, frequented by commuters, shoppers, and diners.
Capitalizing on Residential Growth: With multifamily projects and thousands of new homes being built nearby, the demand for commercial spaces is skyrocketing. This property is perfectly positioned to take advantage of the area's residential boom.
Long-Term Investment Potential: Given the residential development surge, this is an ideal time to invest in commercial properties for sustained income generation and long-term financial returns.
Flexible Financing Options: Take advantage of joint venture opportunities or explore owner-held financing with a reasonable 30% down payment, providing flexibility for investors.
Two Parcels for Custom Development: The property includes two parcels (1.85 and 1.87 acres), allowing buyers to tailor their development plans by purchasing either or both. These two properties are listed separately on Crexi as well.
This is a rare opportunity to invest in a high-growth area with endless commercial and industrial potential.
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