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Auction - Former Badcock Furniture | 20K VPD 6175 Babcock St SE 16,947 SF Vacant Retail Building Palm Bay, FL 32909 $450,000 ($26.55/SF)

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Investment Highlights

STARTING BID $450,000 | Former Badcock Furniture | 16,947 SF | 20K VPD | AUCTION MAY 4-6
Excellent Regional Connectivity Located on Babcock Street SE with Traffic Counts of 20,714 VPD and Just off Malabar Rd with ±44K VPD
Well-Configured Improvements Include a Large Showroom, Storage Area, Rear Loading Dock, and Four Truck Parking Spaces

±16,947 SF Freestanding Former Badcock Furniture on a ±1.1 AC Corner Parcel
Nearby National Retailers: Walmart, Lowe’s, Home Depot, Publix, Harbor Freight, Chick-fil-A, Walgreens, and McDonald’s
Strong Visibility and Access from a Hard Corner with Three Points of Ingress/Egress, Corner Signage, and a Lighted Parking Lot with 28 Spaces

Executive Summary

Marcus & Millichap is pleased to present the former Badcock Furniture property located at 6175 Babcock St SE in Palm Bay, Florida. The Property consists of a ±16,947-square-foot commercial building on a ±1.1-acre corner site with strong visibility, multiple access points, ample parking, and functional loading accommodations. The asset offers a compelling opportunity for investors or owner-users seeking a vacant retail property with potential supplemental income from two additional suites. Positioned near I-95 and surrounded by established national retail and ongoing residential/commercial growth, the Property is well located to benefit from Palm Bay’s continued expansion. The Property is zoned “CG” General Commercial, allowing a broad mix of retail, service, and commercial uses, offering flexibility for both investors and potential owner-users.
Palm Bay is one of the Space Coast’s primary growth markets, benefiting from its position within Brevard County’s expanding aerospace, defense, advanced manufacturing, and technology corridors. The broader metro has recently posted strong gains in employment and wage growth, while Palm Bay itself continues to attract residents and businesses seeking access to the region’s skilled workforce, transportation connectivity, and proximity to major employment hubs including Melbourne, Kennedy Space Center, and Cape Canaveral. Positioned along Babcock St SE, a major north-south corridor, the site benefits from close proximity to Malabar Rd SE (±44,386 VPD), and 0.7-miles from I-95 (±64,000 VPD), providing efficient connectivity throughout Brevard County and the broader Central Florida region. The surrounding corridor features a mix of national retailers, restaurants, and local service providers, including Walmart, Lowe’s, Home Depot, Publix, Harbor Freight, Chick-fil-A, Walgreens, McDonald’s, and nearby hotels and regional shopping centers that generate consistent consumer draw. The Property also benefits from strong residential density with 49,555 residents within a 3-mi radius and 130,482 residents within a 5-mi radius, supported by an average household income (AHHI) of $71,465. Palm Bay’s growing population base, stable household incomes, and proximity to employment and retail corridors reinforce the Property’s long-term viability as a neighborhood-serving retail location with durable traffic patterns and strong re-tenanting fundamentals.

Former Badcock Furniture - Palm Bay, FL OM