Land Opportunity: Palm Bay's Prime Parkway Real Estate

100 Unknown Rd Palm Bay, FL 32905

100 Unknown Rd, Palm Bay, FL, 32905
100 Unknown Rd, Palm Bay, FL, 32905 100 Unknown Rd, Palm Bay, FL, 32905 100 Unknown Rd, Palm Bay, FL, 32905 100 Unknown Rd, Palm Bay, FL, 32905
FOR SALE
Property Type:
Other Land
Amount:
$1,250,000
Last Verified:
Jan 02, 2024

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Description

TBD

Situated on the south-west side of Palm Bay lies a land parcel ripe for investment. As the state advances the extension of the St. Johns Heritage Parkway, this region is rapidly positioning itself as the next hub for commercial development.

The proximity to the Parkway guarantees enhanced connectivity and visibility, two essential criteria for appreciating land value. Current projections suggest that this area will be fully engaged in commercial development within the next five years. Moreover, given the limited availability of commercial parcels along the Parkway route, this might be one of the final chances to secure such a strategic position.

Why wait until prices are $300,000 an acre, like the rest of the City of Palm Bay. For investors looking at long-term gains, this land represents a tangible asset in a developing corridor of opportunity in Palm Bay. Don't miss your chance to invest in the pathway of progress.

Lot Size: 15.57 acres

Map of 100 Unknown Rd, 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.