1206 Malabar Road
Palm Bay, FL 32907
2.59Acres(Lot)
This 30-acre spot in Palm Bay, right at Malabar Road and Babcock Street, is primed for flex or light industrial builds, with ready concepts over 200,000 SF plus an out parcels. Flat terrain and stable sandy soils make foundations straightforward based on the 2022 geotech report, with a clean Phase I ESA showing no major environmental red flags, low flood risk in Zone X, and just minor wetlands needing basic mitigation. It's under a half mile from I-95, pulling in 55,000+ vehicles daily on Malabar for solid visibility and access. Palm Bay's market is heating up in 2025, with the city's population hitting around 146,000 (up 3.65% yearly) and Brevard County's unemployment at a low 4.3%. The industrial/flex sector is strong, boasting 4.49% absorption and rents climbing to $14-17/SF NNN, makin
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Sewer: Unknown -
Heating & Cooling
WaterSource: None
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Road Types
City Street
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Lot Information
Lot Description: Cleared Lot Size Area: 2.59 Acres Lot Square Feet: 112,820Property Information
Property Type: Land Sub Type: Unimproved Land Subdivision: None MLS Area Minor: 343 - SE Palm Bay Source Neighborhood: None
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Listing Price Information
Listing Id: 1058524 ist Price: $8,250,000 Listing Terms Other -
Listing Information
Possession: Other
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Tax Information
Parcel Number: 29-37-04-00-00017.0-0000.00 Annual Tax: $69,537 Tax Year: 2023
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Virtual Tour
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School Information
Elementary School: Port MalabarElementary School District:Junior High School: StoneSenior High School: Palm Bay -
Utility Information
Other -
Location Information
Direction: Take I-95 to Exit 173 for Malabar Road, head east, and the property at 1206 Malabar Rd SE will be on your right.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 820 Jupiter Blvd Nw, Palm Bay, FL, 32907 | $875,000 | -- | -- | -- | 42,254 Sqft(Lot) |
| 737 Doverbrook Drive, Palm Bay, FL, 32907 | $55,000 | -- | -- | -- | Acres (Lot)-- |
| Cape Canaveral Subd Unr.., Palm Bay, FL, 32907 | $29,400 | -- | -- | 50,094 | 1.15 Acres(Lot) |
| 1545/1551 Georgia Street, Palm Bay, FL, 32907 | $279,000 | -- | -- | -- | 0.42 Acre(Lot) |
| 1460 Par Street, Palm Bay, FL, 32907 | $720,000 | -- | -- | -- | 1.97 Acres(Lot) |
| 825 Cricket Drive, Palm Bay, FL, 32907 | $995,000 | -- | -- | -- | 19.62 Acres(Lot) |
| 2699 Quentin Avenue, Palm Bay, FL, 32907 | $53,750 | -- | -- | 11,326 | 0.26 Acre(Lot) |
| TBD Dinner Street, Palm Bay, FL, 32907 | $100,000 | -- | -- | -- | 0.23 Acre(Lot) |
| 556 NE Burlington Ave A.., Palm Bay, FL, 32907 | $95,000 | -- | -- | -- | Acres (Lot)-- |
| 556 Burlington Avenue, Palm Bay, FL, 32907 | $95,000 | -- | -- | 10,019 | 0.23 Acre(Lot) |
Similar Land To 1206 Malabar Road
Nearby For Sale
ByOwner last updated this listing 06/08/2026 @ 05:23
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