Your email has been sent.
1900 Robert J Conlan Blvd NE - Palm Bay Hotel Development Land 26.59 Acres of Commercial Land Offered at $5,000,000 in Palm Bay, FL 32905
INVESTMENT HIGHLIGHTS
- L3Harris HQ – 1.5 miles (±4,900 employees)
- Northrop Grumman – 2 miles (±2,000 employees)
- I-95/Malabar Rd Interchange – 2.5 miles
- Renesas Electronics – 0.6 miles
- Palm Bay Road Retail – 1 mile
- Downtown Melbourne – 10 mins, Melbourne Intl. Airport – 7 miles, Beaches – 15 mins
EXECUTIVE SUMMARY
charging, picnic areas, dog park, fire pit, - Avg. market rents: ±$2.17/SF
• Hotel Component (could be optional): - 100-key, five-story hotel | ±64,500 SF, - 192 parking spaces, - Amenities: Pool, solarium, gym, conference space, restaurant/lounge
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $5,000,000 | Lot Size | 26.59 AC |
| Price Per AC | $188,028.28 |
| Price | $5,000,000 |
| Price Per AC | $188,028.28 |
| Lot Size | 26.59 AC |
Exclusive off-market opportunity in Palm Bay, Florida—a 26.5-acre, site plan approved 292 unit garden style development site priced at just $12,000 per buildable unit, with an additional hotel site included.
DESCRIPTION
Exclusive off-market opportunity in Palm Bay, Florida—a 26.5-acre, site plan approved 292 unit garden style development site priced at just $17,000 per buildable unit, with an additional hotel site included at no cost. This project offers a strong mix of residential and hospitality uses, aligning with the area’s growing demand driven by major employers in aerospace, defense, and tech. Current market rents are averaging $2.17/SF. $5M Target price with 2% cooperating broker commission.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,503,280 |
PROPERTY TAXES
Presented by
1900 Robert J Conlan Blvd NE - Palm Bay Hotel Development Land
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.