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1900 Robert J Conlan Blvd NE - Palm Bay Hotel Development Land 26.59 Acres of Commercial Land Offered at $6,825,700 CAD in Palm Bay, FL 32905
Investment Highlights
- L3Harris HQ – 1.5 miles (±4,900 employees)
- Northrop Grumman – 2 miles (±2,000 employees)
- I-95/Malabar Rd Interchange – 2.5 miles
- Renesas Electronics – 0.6 miles
- Palm Bay Road Retail – 1 mile
- Downtown Melbourne – 10 mins, Melbourne Intl. Airport – 7 miles, Beaches – 15 mins
Executive Summary
charging, picnic areas, dog park, fire pit, - Avg. market rents: ±$2.17/SF
• Hotel Component (could be optional): - 100-key, five-story hotel | ±64,500 SF, - 192 parking spaces, - Amenities: Pool, solarium, gym, conference space, restaurant/lounge
Property Facts
1 Lot Available
Lot
| Price | $6,825,700 CAD | Lot Size | 26.59 AC |
| Price Per AC | $256,684.92 CAD |
| Price | $6,825,700 CAD |
| Price Per AC | $256,684.92 CAD |
| Lot Size | 26.59 AC |
Exclusive off-market opportunity in Palm Bay, Florida—a 26.5-acre, site plan approved 292 unit garden style development site priced at just $12,000 per buildable unit, with an additional hotel site included.
Description
Exclusive off-market opportunity in Palm Bay, Florida—a 26.5-acre, site plan approved 292 unit garden style development site priced at just $17,000 per buildable unit, with an additional hotel site included at no cost. This project offers a strong mix of residential and hospitality uses, aligning with the area’s growing demand driven by major employers in aerospace, defense, and tech. Current market rents are averaging $2.17/SF. $5M Target price with 2% cooperating broker commission.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $2,052,188 CAD |
Property Taxes
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1900 Robert J Conlan Blvd NE - Palm Bay Hotel Development Land
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