Property 8977451

Calumet Farms - INCOME PRODUCING LAND

Palm Bay FL 32909  |  Brevard County, FL
  • $37,000,000
  • 2,123 acres

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Listing Status: Active
Listing Type: Sale
Property Type(s):
MLS ID: 624648
Irrigated: No
Residence: No
Property ID: 8977451
Property Website

Property Description

Income-Producing Land Opportunity! A current geological
study shows appx $180,000,000 of extractible coquina rock.
This would consist of approximately $26,878.11 of overburden
or general construction fill and $156,331.90 of actual mineable coquina.
Mix of uses - Non-sprawl - 30% open space - 19 acres civic/
public space / wildlife corridors, large storm-water
retention/detention areas in a park-like setting
Property is 2,123 acres with over a mile of frontage on
Babcock Street (5,800 feet) / RE Tax: $4,170
Land Use is Calumet Farms Comp Plan Amendment (Ord.
No. 2010-68) Mixed Use Development
Project density: 1.5 units per acre / cap of 3,184 living units /
Commercial and office use limited to 180,000 sf
Property included in the urban service sector of Palm Bay
for future utilities. No active water or sewer at this time.
Due to the Palm Bay Parkway and new I95 Interchange
currently under contruction, (the new Micco Road
interchange which is slated to be completed in December of
2018 and the St. John's Heritage Parkway which is expected
to be operational in July 2019), this area is slated for high
growth in the immediate future. Extensive conservation and
trail network surrounds the development site. New wildlife
corridors and trails will link the network. This development
will provide neighborhood and community commercial uses
nearer the population centers of the City that are moving
toward the future interchange. Sustainable development
patterns, creation of village like projects, clustered
developments, and extensive open space characterize the
form of the development proposed. Mix of uses - Nonsprawl

Property Map


Driving Directions

The subject property is located on the West side of Babcock Street south of Micco
Road, 2.5 miles south of the proposed Palm Bay Parkway and on the north side of
Centerlane Road in Palm Bay, Brevard County, Florida. Site is 2 miles north of C54
Canal, the Indian River County line. Babcock Street (SR 507) is a major north/south
artery that runs from US 1 in North Melbourne south to Fellsmere in Indian River
County. Babcock Street in the Melbourne/Palm Bay area is a major commercial
corridor with many major shopping centers, retailers, restaurants, banks, and
office/medical buildings destined to expand south.

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Michael Dreyer

Dreyer & Associates

(321) 773-1480 (work)

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Contact Seller

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Michael Dreyer

Dreyer & Associates

(321) 773-1480 (work)

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