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328 Malabar Rd - Aerial View
Signalized Corner · Zoned Commercial

328 Malabar Rd

Palm Bay, Florida

$1,575,000

Signalized Corner Commercial Redevelopment Site

Prime commercial redevelopment opportunity located on one of Palm Bay's main east–west corridors with strong traffic counts and long-term growth fundamentals.

This ±1.75-acre signalized corner site offers approximately 475 feet of frontage on Malabar Road and is positioned for high-visibility commercial, medical, or mixed-use development.

Key Highlights

Zoned Commercial

Ready for development

~23,000 VPD

Strong daily traffic counts

Signalized Corner

High-visibility intersection

Water & Sewer

Utilities available

±1.75 Acres

Potential assemblage available

Existing Income

3 structures offset holding costs

~475' of frontage on Malabar Road

Development Potential

The site supports a wide range of commercial uses, including but not limited to:

  • Quick-service or fast-casual restaurant
  • Retail strip or neighborhood center
  • Medical / professional office
  • Mixed-use redevelopment
  • Owner-user or investor repositioning

Flat topography, utility availability, and corner access make this site well-suited for near-term development.

Location Overview

Malabar Road is one of Palm Bay's primary commercial arteries, connecting dense residential neighborhoods with major employment, retail, and institutional uses. The area continues to see steady population growth and increased commercial demand.

Why This Site Works

This is not raw land speculation.
This is a corner redevelopment play with:

  • Zoning in place
  • Utilities available
  • Income during entitlement and planning
  • Visibility that supports real commercial users

Request Full Parcel & Zoning Report

Includes zoning confirmation, allowable uses, frontage details, and development considerations.

Request Report321-333-7230

Listed By

Vahid Rajabian

Broker Associate

M. David Moallem, Inc.

Serving Palm Bay since 2003

Quick Facts

Price$1,575,000
Size±1.75 Acres
Frontage~475 ft
Traffic~23,000 VPD
ZoningCommercial
UtilitiesWater & Sewer
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