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427-429 S Babcock St
Melbourne, FL 32901
Retail Property For Sale
Executive Summary
Plans, approvals, & full build out for adding new gas tanks, 4 gas pumps with 8 nozzles now available at this premier location for $2.25M. Nestled centrally in Midtown Melbourne between the Eau Gallie & Melbourne Causeways. .42 Acres zoned C-2 Commercial. 150 Ft of frontage on Babcock St. High Traffic Count -21,000 AADT. The Space Coast and Melbourne in particular are experiencing exponential growth. An influx of highly skilled and well-paid workers has migrated into the area due to no state income taxes, tax incentives for large companies, corporate mergers, and small start-ups. With three major residential projects planned for Downtown, the future for Melbourne and Florida's booming Space Coast is looking very bright. From start-ups and mid-sized enterprises to high-tech goliaths, the Space Coast corporate neighborhood hosts an impressive group of innovative organizations in a variety of sectors.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
3,100 SF
Building Class
C
Year Built
1965
Price
$2,250,000
Price Per SF
$725.81
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.41 AC
Zoning
C2
Parking
9 Spaces (2.9 Spaces per 1,000 SF Leased)
Frontage
83’ on Babcock St
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 27-37-27-51-00000.0-0262.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $193,110 |
Property Taxes
Parcel Number
27-37-27-51-00000.0-0262.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$193,110
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