15.57 Acres in Palm Bay, FL - $1,300,000
Unimproved Land - Palm Bay, FL
This 15.57-acre parcel offers a long-term investment opportunity in the rapidly growing city of Palm Bay at a bargain value. The parcel is located in an area of SW Palm Bay that the locals call ''The Compound.'' Currently, there are no utilities in the area, so the land is not buildable at this time. But, it won't be this way for long. As the development of St. Johns Heritage Parkway extends, this area is positioned to become a key hub of commercial development. The parcel's close proximity to the projected Parkway's location and limited commercial zoning along the Parkway, ensure future land value appreciation and a prime location for business. Currently, vacant commercial parcels of land in the City of Palm Bay are selling for around $200,000 an acre or more. This parcel is being offered for a fraction of that. Now is a prime time to invest, before this land significantly appreciates. ...
This 15.57-acre parcel offers a long-term investment opportunity in the rapidly growing city of Palm Bay at a bargain value. The parcel is located in an area of SW Palm Bay that the locals call ''The Compound.'' Currently, there are no utilities in the area, so the land is not buildable at this time. But, it won't be this way for long. As the development of St. Johns Heritage Parkway extends, this area is positioned to become a key hub of commercial development. The parcel's close proximity to the projected Parkway's location and limited commercial zoning along the Parkway, ensure future land value appreciation and a prime location for business. Currently, vacant commercial parcels of land in the City of Palm Bay are selling for around $200,000 an acre or more. This parcel is being offered for a fraction of that. Now is a prime time to invest, before this land significantly appreciates. Invest in tomorrow's growth today!
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Directions
Head S on Babcock St. Turn right on Colorado St. Turn left on San Filippo Dr. Turn left on St Andre Blvd. Property is on right.
