0000 Babcock/St. John'S Heritage Pkwy, Palm Bay, FL 32909

$6,048,000

$11,500,000

47.4%
Est.Price: ?

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Est. payment /mo

25 Acres Lot


SOLD DATE : 07/15/2022

Key Details

Sold Price $6,048,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 857168

Sold Date 07/15/22

HOA Y/N No

Lot Size 25.000 Acres

Acres 25.0

Property Sub-Type Unimproved Land

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

Cypress Bay Commercial consists of 100 acres prime land on the corner of Babcock Street and the St. John's Heritage Parkway only .6 miles from the new I-95 Interchange. The site features 2400 ft frontage on Babcock St and 3700 ft frontage on BOTH sides of the new 4-lane St. John's Heritage Parkway. The I-95 interchange and Parkway are scheduled to open Fall 2019. As the region experiences growth and with the new I-95 Interchange, this land presents an exceptional opportunity in a desirable location. This is an excellent site positioned for a highly visible retail shopping center with multiple hard corner sites due to locations on both sides of the Parkway and Babcock. Property has commercial land use with P.U.D. zoning. The site is cleared and flat with no wetlands. The adjacent Cypress Bay Preserve property to the north is currently under construction by DR Horton consisting of 396 single family homes. The 686 acres across the street on the west side of Babcock is entitled for an additional 1765 units plus 296 existing single-family homes. '||chr(10)||'

Location

State FL

County Brevard

Area 342 - Malabar/Grant-Valkaria

Direction South on Babcock to St. John's Heritage Parkway

Exterior

Exterior Feature ExteriorFeatures

Utilities Available Sewer Available, Water Available

Present Use Commercial,Hotel/Motel

Street Surface Paved

Garage No

Building

Lot Description Cleared

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Space Coast Association of Realtors (Brevard MLS)
Listed by SunCoast Real Estate Group
Bought with SunCoast Real Estate Group

Nearby Locations

Elizabeth Mason

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