Palm Bay Plaza

4500 Dixie Hwy NE, Palm Bay, FL 32905

  • For Sale $3,000,000
  • Property Type Retail
  • Property Size 35,846 SF
  • Lot Size 3.27 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1967
  • Date Updated Nov 18, 2024
Directly fronts US 1 between Palm Bay Rd. and Malabar Rd in Palm Bay, FL DISTANCES: • 1.3 miles south of Palm Bay Rd. • 1.9 miles north of Malabar Rd. • 4.6 miles south of US 192 • 5.8 miles to I-95 via Palm Bay Rd.Palm Bay Plaza, located at 4500 Dixie Hwy NE, Palm Bay, FL 32905, is a value-add investment opportunity on US-1 with a daily traffic count of 26,000 AADT. The plaza benefits from nearby strong residential areas and four upcoming apartment projects adding over 1,900 units. Additionally, it is in close proximity to L3Harris Palm Bay Campus, which employs around 8,400 people. With the plaza currently over 40% vacant, investors can maximize value by addressing deferred maintenance and leasing spaces at market rents.Introducing Palm Bay Plaza - A prime commercial real estate opportunity in Palm Bay, Florida. Situated at 4500 Dixie Highway, this strategically located plaza is set to undergo a meticulous renovation, ensuring a modern and inviting space for businesses to thrive. Palm Bay Plaza's renovation promises to strike the ideal balance between modern aesthetics and functionality, providing an attractive destination for both tenants and customers. The surrounding area boasts a burgeoning community, with plans for over 800 apartment units to be developed nearby, guaranteeing a steady flow of potential clientele.

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Contacts

broker

Jeffery T. Robison

Lightle Beckner Robison

Location

Getting Around

  • Walk Score ®

    32/100 Car-Dependent

  • Bike Score ®

    55/100 Bikeable
Powered by Walk Score ®
  • City Palm Bay, FL
  • Neighborhood Palm Bay
  • Zip Code 32905
  • Market Orlando

Points of Interest

  • Circle K

    1.78 miles

  • BP

    1.84 miles

  • 7-Eleven

    2.11 miles

  • Shell

    2.16 miles

  • Exxon

    2.33 miles

  • Cumberland Farms

    2.74 miles

  • Mobil

    2.83 miles

  • Marathon

    2.88 miles

  • Tesla Supercharger

    5.36 miles

  • South Malabar Parking

    1.97 miles

  • Joe Mullins Park Parking

    2.60 miles

  • Columbia Village Parking Garage

    4.01 miles

  • B1 Parking

    4.68 miles

  • Driver Training Lot

    4.93 miles

  • Rental Car Lot

    5.80 miles

  • Palm Bay Lot

    6.37 miles

  • Central Parking - Main Lot

    8.15 miles

  • North Parking - East of Main Building

    8.19 miles

  • West Parking - Back Lot

    8.26 miles

  • The Shack

    0.74 miles

  • Yellow Dog Cafe

    1.24 miles

  • El Super Mofongo Resbaloso

    1.32 miles

  • Malabar Mo's

    1.83 miles

  • Ven Pa Ca

    1.90 miles

  • Chekmarc's

    1.92 miles

  • Trattoria Bella

    1.95 miles

  • Meshi Ya

    1.96 miles

  • Happy Garden

    2.19 miles

  • A Perfect Pear Catering & Grill

    2.27 miles

  • Bravo

    1.27 miles

  • Thrifty Produce

    2.09 miles

  • Publix

    2.64 miles

  • Bealls Outlet

    2.93 miles

  • Winn-Dixie

    3.01 miles

  • Walmart Neighborhood Market

    3.40 miles

  • Walmart Supercenter

    4.37 miles

  • ALDI

    4.38 miles

  • Target

    5.18 miles

  • Ross

    5.18 miles

Frequently Asked Questions

How much does Palm Bay Plaza cost?

The space currently listed for sale at Palm Bay Plaza asks for $3,000,000.

What is the total square footage of Palm Bay Plaza?

Palm Bay Plaza totals 35,846 square feet.

When was this property built?

Palm Bay Plaza was built in 1967.

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Contact Listing Broker

broker

Jeffery T. Robison

Lightle Beckner Robison