$6,048,000
$11,500,000
47.4%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with SunCoast Real Estate Group
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