Commercial Land in Palm Bay, Florida, offers a unique opportunity for investors and businesses alike. With a growing population of approximately 120,000 residents, Palm Bay is an attractive location for commercial development. Commercial Land in Palm Bay can represent a variety of investments, from retail and office spaces to industrial and research facilities. The city's strategic location, with easy access to major highways like Interstate 95 and U.S. 1, makes it an ideal spot for businesses that require transportation infrastructure. Additionally, Palm Bay's amenities, such as the Fred Poppe Regional Park and the Turkey Creek Sanctuary, provide a high quality of life for residents and employees. The city's geography, with its proximity to the St. Johns River and the Indian River Lagoon, also offers a unique natural environment. With companies like L3Harris Technologies and Intersil already calling Palm Bay home, the city is poised for continued growth and development. As a hub for technology, research, and development, Palm Bay is an attractive location for businesses and investors looking to capitalize on its potential.
With 22 Commercial Land listings available in Palm Bay, investors have a range of options to choose from. The average price per square foot for Commercial Land in Palm Bay is , with an average size of square feet. The largest available property spans 0 square feet. In addition to Commercial Land, Palm Bay also offers other property types, including residential properties, office spaces, and industrial facilities. The city's diverse economy, with major employers like Harris Corporation and Bombardier Recreational Products, provides a strong foundation for businesses to thrive. With its growing arts scene, annual events like the Tough Mudder race, and a focus on developing its riverfront area, Palm Bay is an attractive location for businesses and investors looking to capitalize on its potential.
What are common commercial uses for land in the Palm Bay market?
In the Palm Bay market, common commercial uses for land include technology and research facilities, medical offices, retail spaces, and engineering firms, taking advantage of the city's strong infrastructure and major transportation hubs like Interstate 95 and U.S. 1.
With a diverse range of industries and major employers, such as Harris Corporation and Bombardier Recreational Products, commercial land in Palm Bay is also suited for development projects like Emerald City, a planned urban community, and amenities like the Fred Poppe Regional Park and Turkey Creek Sanctuary.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Palm Bay, there are several common ways to do so. One popular approach is to work with a commercial real estate broker who has extensive knowledge of the local market and can guide you through the process, ensuring you find the perfect piece of land to fit your project's needs.
For those new to land development, it's essential to understand the ins and outs of buying land. If you're wondering "is buying land a good investment," our comprehensive guide on how to buy land can provide valuable insights and tips to get you started. With 22 available listings of commercial land in Palm Bay, ranging from square feet to 0 square feet, and an average price per square foot of , there are plenty of opportunities to find the perfect plot of land for your project.
