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6142 - 6164 Minton Road NW - CC Zoned Acreage, Palm Bay, FL

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DetailMap
6142 - 6164 Minton Road NW - CC Zoned Acreage

Palm Bay, FL 32907-1979 - Brevard County Submarket

(5.4 MB)

Property Type:Land Parcel Size:15.84 Acres
Zoning:CC, Palm Bay
For Sale Price:$2,195,994 Price/Acre:$138,636 Price/SF:$3.18

Portfolio:This property is for sale (for $3,050,000) as part of a portfolio of 3 properties. Topography:Level
Proposed Use:Commercial, Mixed Use

On-Site Improv:Raw land


The subject property is located at the geographical center of the City of Palm Bay on the West side of Minton Road North of Malabar Road. The Minton / Malabar intersection has much commercial development - Palm Bay West Shopping Center anchored by Winn Dixie and Bealls on the South side of Malabar and Walgreens and Coral Bay Retail Center on the North side. Wal-Mart Supercenter, Lowe' s, Home Depot are East on Malabar, on route to the I95 Malabar Rd. Interchange. The Southwest area of Palm Bay is experiencing enormous growth in the development of Bayside Lakes Community.

The City adopted a Mixed Use land use category in the comprehensive plan to allow development flexibility and will allow up to 30 units per acre residential and a non-residential floor area ratio of 2.0. For example, a one acre piece of land (43,560 square feet of land) could have 87,120 square feet of commercial plus 30 units of residential. The City would consider commercial or mixed use for this site. A conceptual plan is necessary for Preliminary Mixed Use approval with a detailed plan required for final approval.

Sale Notes:
Description
Three parcels make up this 22± acre commercial vacant land assemblage.

This property is surrounded by dense residential neighborhoods. Just south on Malabar Rd. is a hub of retail activity and also where the City of Palm Bay offices are located. Zoning information subject to change and not warranted. Always confirm current requirements with local governing agencies.

PARCELS MAY BE PURCHASED AND DIVIDED SEPARATELY - $138,636.36/Acre

A Palm Bay location offers access to a large population base
• Palm Bay City Limits Population: 107,136
• Over 300,000 just a 30-minute drive
• Over 1 million just a 60-minute drive
• Over 3 million just a 90-minute drive

Located on the west side of Minton Rd., just north of Malabar Rd.
Both Minton and Malabar Roads have high traffic counts and are major arterial roads in Palm Bay.
Minton Traffic: 20,030 AADT (15)
Malabar Traffic: 20,950 AADT (15)

LOCATED:
• .5 mile north of Malabar Rd.
• 3 miles to I-95 via Malabar Rd.
• 3.8 miles to I-95 via Palm Bay Rd.

Lightle Beckner Robison, Inc.
Jeffery T Robison
(321) 508-9462




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