1240 Malabar Rd Grant Vlkria, FL 32909
Estimated payment $7,913/month
About This Lot
This 1.90-acre GC-zoned site sits at I-95 Exit 173 on Malabar Rd (SR 514), Palm Bay's busiest east-west corridor. ±334' frontage offers visibility from the I-95 off-ramp—ideal for QSR, retail, medical, or office use. Traffic exceeds 50,000 VPD, fueled by commuters and growth west of I-95, incl. 800+ homes at St. John's Preserve. City water/sewer available. GC zoning allows development without rezoning. Access is right-in/right-out on Malabar, with potential full access via nearby Babcock St signal. Parcel fits two QSR pads, 10-12K SF strip, or medical/pro office. Palm Bay pop. nearing 149K, median income $67.5K. Major employers nearby incl. L3Harris, Raytheon, Renesas & Palm Bay Hospital. Area tenants: Walmart, Lowe's, Home Depot, and new Publix center. Comparable I-95 sites trade $750K-$1.2M/acre. Priced at $789K/acre. Ideal for QSR, convenience, urgent care, or NNN tenant. Ground lease or BTS considered.
Listing Agent
Reach Commercial Real Estate License #3296024 Listed on: 01/02/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,238
Lot Details
- 2 Acre Lot
Schools
- Port Malabar Elementary School
- Stone Middle School
- Palm Bay High School
Additional Features
- Property Views
Listing and Financial Details
- Assessor Parcel Number 29-37-04-00-00019.0-0000.00
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/02/2026 01/02/26 | For Sale | $1,500,000 | 0.0% | -- |
| 12/31/2025 12/31/25 | Off Market | $1,500,000 | -- | -- |
| 06/09/2025 06/09/25 | For Sale | $1,500,000 | -- | -- |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1048524
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 0 Malabar Rd SE
- 125 Cassia Ave SE
- 160 Eureka Ave NE
- 257 Avens Rd NE
- 120 Cascade Ave SE
- 1360 Emerson Dr NE
- 456 Holiday Park Blvd NE
- 999 Emerald Rd SE
- 302 Arapahoe Ln NE
- 110 Holiday Park Blvd NE
- 241 Biltmore Ave NE
- 1632 Emerson Dr SE
- 781 August St SE
- 126 Holiday Park Blvd NE
- 185 Meadow Ave SE
- 1195 Emerson Dr NE
- 853 Lexington St NE
- 146 Holiday Park Blvd NE
- 735 Crestline Ln NE
- 1058 Moonlight Ct NE
- 205 Valor Dr SE
- 1142 Parkview Ct NE
- 1130 Emerald Rd SE
- 738 Empress St SE
- 210 Interchange Dr NE
- 626 Fairhaven St NE
- 1040 Hosbine St SE
- 770 Grandeur St SE
- 712 Donau Ave NW
- 1391 Nolan St NE
- 632 Delmonico St NE
- 1204 Linmoor Cir NE
- 443 Tewksbury Ln NE
- 437 Ellington Ave SE
- 1257 Linmoor Cir NE
- 261 Edgewater Ave SE
- 541 Bird Ave SE
- 590 Dream Ave SE
- 520 Avondale Rd NE
- 1200 Hadley Cir SE
Ask me questions while you tour the home.