4800 & 4812 Babcock St NE, Palm Bay, FL, 32905

4800 & 4812 Babcock St NE Palm Bay, FL 32905

4800 & 4812 Babcock St NE, Palm Bay, FL, 32905
4800 & 4812 Babcock St NE, Palm Bay, FL, 32905
FOR SALE
Property Type:
Other Land
Amount:
$1,600,000
Last Verified:
Oct 17, 2024

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Description

Welcome to a unique and exciting opportunity in the vibrant city of Palm Bay, Florida!
We are pleased to present a fantastic carwash property located on bustling Babcock
Street, an area ripe with retail growth and development prospects. This versatile property
is perfectly suited for both carwash enthusiasts and savvy investors looking to capitalize
on the thriving local economy.

The property is currently equipped with a fully operational carwash facility, offering a
steady stream of potential income for those interested in running this established
business. With the growing population and busy local traffic, there's immense potential
to expand and enhance this enterprise.

For investors with a vision for the future, this property also offers a prime opportunity for
redevelopment. The surrounding area has seen substantial retail growth and development,
making it a promising location for new commercial ventures, such as restaurants, retail stores,
or service establishments.

Located on Babcock Street just south of Palm Bay Road
Conveniently close to residential neighborhoods, schools, and retail centers


Year Built: 1984
Building Size: 2157sq ft
Lot Size: 0.82 acres


Documents

Sale Brochure

Map of 4800 & 4812 Babcock St NE, Palm Bay, FL, 32905

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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.