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    1228 Roland St Palm Bay, FL 32908

    For Sale
    $39,000

    .29-Acre Corner Lot, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional .29-acre (12,632 sq ft) commercial and residential land parcel presents a unique investment opportunity in the thriving Palm Bay, Florida market. Located at 1228 Roland Street SW, this oversized corner lot offers significant potential for diverse development. Its strategic location provides convenient access to essential amenities, with shopping centers just three miles away and the beautiful beaches a short 18-mile drive. The property's proximity to Orlando also ensures easy commuting for residents and employees. The asking price for this untouched land is $39,000, making it an attractive proposition for both seasoned investors and those seeking a foothold in the Florida real estate market. The property is zoned for both commercial and residential use, opening up a wide range of development possibilities. Situated in Port Malabar unit 53, this lot benefits from the area's growth trajectory and presents a compelling opportunity to capitalize on the increasing demand for land in this desirable location. The property's size and location make it ideal for a variety of projects, from small-scale commercial ventures to residential developments. Detailed zoning information and development guidelines are readily available upon request. Don't miss this chance to acquire a valuable piece of land in a rapidly growing area of Florida. Act quickly, as opportunities like this are rare.

    Property Features for 1228 Roland St

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.7066426
    Latitude
    27.9434334

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    FAQs

    What type of property is this?
    Land - .29-Acre Corner Lot, High Growth Area
    Where is this land located?
    The property is located at 1228 Roland St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $39,000.
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    1228 Roland St Palm Bay, FL 32908
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    Palm Bay, FL 32908
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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
    1228 Roland St Palm Bay, FL 32908
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