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 Report321-333-7230Listed By
Vahid Rajabian
Broker Associate
M. David Moallem, Inc.
Serving Palm Bay since 2003