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    Booth And Lett Malabar, FL 32950

    For Sale
    $220,000

    50,530 SF Cleared Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 50,530 square foot commercial land parcel presents a unique investment opportunity in the thriving Malabar, Florida market. Located at 0 Booth And Lett, this completely cleared and undeveloped lot is ready for immediate development. The property's expansive size offers significant potential for a variety of commercial uses, allowing for flexibility in project planning. Situated in Brevard County, Florida, with a zip code of 32950, this location benefits from convenient access to major transportation routes and a growing local economy. The asking price for this prime commercial land is $220,000. Given its size, location, and the absence of existing structures, this property represents a compelling investment for developers seeking a blank canvas to create a successful commercial venture. The property is categorized as commercial land and is ready for immediate development, eliminating the need for costly site preparation. Its strategic location in Malabar, Florida offers access to a growing population and a robust business environment. This is an exceptional opportunity to acquire a significant land holding in a desirable location at an attractive price point. Serious inquiries are encouraged to explore the full potential of this remarkable property. The latitude and longitude coordinates are 27.9766639 and -80.6204346 respectively.

    Property Features for 0 Booth And Lett

    General Information

    Property type
    Land

    HighLights

    • 50,530 SF commercial land parcel in Malabar, FL.
    • Ready for immediate development; completely cleared.
    • Located at 0 Booth And Lett, Brevard County, FL 32950.
    • Asking price: $220,000.
    • Excellent access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Malabar
    County
    Brevard
    State
    Florida
    Longitude
    -80.6204346
    Latitude
    27.9766639

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - 50,530 SF Cleared Commercial Lot
    Where is this land located?
    The property is located at Booth And Lett Malabar, FL.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: 50,530 SF commercial land parcel in Malabar, FL.; Ready for immediate development; completely cleared.; Located at 0 Booth And Lett, Brevard County, FL 32950.
    Request Owner's contact information
    Booth And Lett Malabar, FL 32950
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    Malabar, FL 32950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Booth And Lett Malabar, FL 32950
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