Entitled, Industrial Vertical-Build Ready Padsites | 25.51±AC | #2 Best-Performing Cities 2021

1845 Robert J Conlan BLVD NE Palm Bay, FL 32905

1845 Robert J Conlan BLVD NE, Palm Bay, FL, 32905
Subject
1845 Robert J Conlan BLVD NE, Palm Bay, FL, 32905 1845 Robert J Conlan BLVD NE, Palm Bay, FL, 32905
FOR SALE
Property Type:
Commercial Land Development
Amount:
$3,700,000
Last Verified:
Mar 15, 2022

Description

The Subject is 25.51±AC currently zoned LI (Light Industrial & Warehousing District) and located in the designated Kirby Industrial Area, and within the boundaries of the Bayfront CRA district of Palm Bay, which was established in 1994, and makes the Subject eligible for certain incentives such as ad valorem tax abatement for qualified industries.​ The LI zoning allows for flexible permitted and conditional uses including warehouse, office, trade school, and certain retail uses.​ Subject benefits by close proximity to US 1 (22,500 AADT), Palm Bay Road (27,500 AADT) and the FEC Railway, as well as easy access to I-95.​

Highlights

  • ​Vertical Build & Pad Ready - Water, Sewer, Electric, Road
  • ​Flexible LI Zoning - Light Industrial & Warehousing District
  • ​Located Within Bayfront CRA District - Possible Incentives for Eligible Industries
  • Adjacent to UPS Distribution Facility with ​Easy Access to Interstate-95
  • ​Close Proximity to US HWY 1 (22,500± AADT), Palm Bay Road (27,500± AADT) & the FEC Railway
  • ​Palm Bay Ranked #2 in the Nation by Milken Institute | Best-Performing Cities 2021 Foundations for Growth & Recovery

    • Additional URLs

    Map of 1845 Robert J Conlan BLVD NE, Palm Bay, FL, 32905

    Presented by:
    FL Retail Advisors

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    Brian Capo


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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.