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0000 Babcock/St. John'S Heritage ParkwayPalm Bay, Florida FL32909

Listing ID857168

100 Acres

$11,500,000

Cypress Bay Commercial consists of 100 acres prime land on the corner of Babcock Street and the St. John's Heritage Parkway only .6 miles from the new I-95 Interchange. The site features 2400 ft frontage on Babcock St and 3700 ft frontage on BOTH sides of the new 4-lane St. John's Heritage Parkway. The I-95 interchange and Parkway are scheduled to open Fall 2019. As the region experiences growth and with the new I-95 Interchange, this land presents an exceptional opportunity in a desirable location. This is an excellent site positioned for a highly visible retail shopping center with multiple hard corner sites due to locations on both sides of the Parkway and Babcock. Property has commercial land use with P.U.D. zoning. The site is cleared and flat with no wetlands. The adjacent Cypress Bay Preserve property to the north is currently under construction by DR Horton consisting of 396 single family homes. The 686 acres across the street on the west side of Babcock is entitled for an additional 1765 units plus 296 existing single-family homes.
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