6370 Minton RdPalm Bay, FL 32907

Property Details for 6370 Minton Rd

Lot size

2.24 AC

Zone code

CC

Property type

Commercial land

APN

28-36-36-00-00758.1-0000.00

APU

9223372036854775807

Description

This exceptional commercial land opportunity is situated in Palm Bay, Florida, at the high-traffic intersection of Minton Road and Malabar Road. The property boasts prime visibility across from the Palm Bay West Shopping Center, anchored by major retailers including Bealls, McDonald's, PNC Bank, GNC, Sally Beauty Supply, and Winn-Dixie. A Walgreens is directly adjacent, and a new Domino's is located across the street, ensuring consistent high foot and vehicle traffic. This location benefits from the rapidly expanding consumer market of Palm Bay. Several outparcel options are available, ranging from 0.56 acres to 1.61 acres, offering flexibility for various development projects. The 0.56-acre parcel is priced at $50,000, the 1.25-acre parcel at $100,000, and the 1.61-acre parcel at $125,000. Lease options include ground leases or build-to-suit arrangements, with an annual rent of $78,000 per acre, or $6,500 per acre monthly. This property presents a unique chance to capitalize on a thriving retail environment in a rapidly growing area. The address is 6370 Minton Rd NW, Palm Bay, FL 32907.

• Alternative Use

  Use

  Valuation

  Residential

  $30,695,446

  Hospitality

  $28,116,864

  Educational

  $23,392,900

  Medical

  $24,197,418

  Retail

  $36,388,956

Location Insight

City

Palm Bay

County

Brevard

State

Florida

Latitude

28.0005

Longitude

-80.6733

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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