220 Interstate Ct

Interstate Ct SE Palm Bay, FL 32909

Interstate Ct SE, Palm Bay, FL, 32909
Interstate Ct SE, Palm Bay, FL, 32909 Interstate Ct SE, Palm Bay, FL, 32909 Interstate Ct SE, Palm Bay, FL, 32909 Interstate Ct SE, Palm Bay, FL, 32909 Interstate Ct SE, Palm Bay, FL, 32909 Interstate Ct SE, Palm Bay, FL, 32909
FOR SALE
Property Type:
Other Land
Amount:
$1,100,000
Last Verified:
Apr 12, 2024


Description

Discover the unparalleled potential of up to 2.2 acres of prime commercial land in the heart of Palm Bay, Florida. This strategically located property, situated at the highly visible intersection of Malabar Road and I-95, offers a rare and exciting opportunity for businesses and developers to establish a strong presence in a rapidly growing market.

Palm Bay, a vibrant city with a population of over 119,000 residents, boasts a diverse and thriving economy. The city's median household income of $50,653 and a median age of 42.4 years indicate a stable and prosperous community. With a skilled workforce and a business-friendly environment, Palm Bay is an ideal location for companies looking to expand or relocate.

This prime commercial land is seamlessly integrated into the transformative growth of Malabar Park, a dynamic commercial district slated to feature 275,000 square feet of flexible warehouse space. By acquiring this property, you will be at the forefront of this exciting development, surrounded by a bustling hub of commerce and innovation.

The property's unbeatable location ensures maximum visibility and accessibility. Its frontage along Malabar Road and proximity to I-95 provide unparalleled exposure to a high volume of traffic, both local and regional. This strategic positioning offers immense potential for businesses to capture the attention of a wide customer base and establish a strong brand presence.

As one of the last remaining parcels of its kind in the area, this offering presents a rare and fleeting opportunity. Don't miss your chance to secure a prime piece of commercial real estate in a market poised for exponential growth and success.

Palm Bay, a city in Brevard County, Florida, is a prime location for businesses, particularly in the aerospace, defense, and semiconductor manufacturing industries. With a population of over 115,000 and a diverse labor pool, Palm Bay offers a supportive business climate, favorable tax rates, and a high quality of life. Major companies like Harris Corporation, L3Harris Technologies, Intersil Corporation, DRS Technologies, and Northrop Grumman Corporation contribute to the city's thriving economy.

The Space Coast, which includes Palm Bay, is a hotbed for innovation and growth. The region is known for its high-tech economy, STEM technology, and expanding workforce. The private space exploration industry, with companies like SpaceX and Blue Origin, has a significant presence in the area. The Space Coast offers an ideal operating climate, combining low operating costs, targeted incentives, and a skilled workforce.


Year Built: 1996
Building Size: 6240sq ft
Lot Size: 2.2 acres


Documents

Brochure (L)

Map of Interstate Ct SE, Palm Bay, FL, 32909

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.