685 S Babcock St
Melbourne, FL 32901
Retail Property For Sale

This former bank property on S. Babcock Street in Melbourne, Florida, is available for sale, and is located within a half mile of Melbourne International Airport. The site has extremely good accessibility with two access points off S. Babcock Street. The 6,464 square foot building with four drive-thru lanes on 1.45 acres of land was constructed in 1988 and has been well maintained. There are 35 parking spots, including two handicapped spaces, calculating to a parking ratio of 5.4/1,000 square feet. 23,500 vehicles pass the property in an average day*. The Melbourne Police Station is located next door, and NASA Plaza, a 170,000± square foot retail center, is on the intersection of S. Babcock St. and E. NASA Blvd. Melbourne High School is located slightly south on S. Babcock Street, and there is an abundance of office buildings and industrial uses in the vicinity. Nearly 133,000 people live within a five mile radius of the site and nearly 166,000 make up the daytime population, of which 56% of those are workers**. Source: *Florida Department of Transportation (FDOT) 2017 Annual Average Daily Traffic; ** Esri 2018 population estimates