Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2134 Palm Bay Rd Palm Bay, FL 32905

    Sponsored
    For Sale
    $995,000

    Prime 32,500 SF Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 32,500 square foot commercial lot in Palm Bay, Florida, is offered at $995,000. Boasting over 200 feet of frontage on NE Palm Bay Road, this property enjoys a highly desirable location with an annual average daily traffic count of 26,500. Its strategic placement adjacent to L3Harris, a multi-billion dollar company holding significant US Air Force contracts, presents a unique investment opportunity. The lot is also conveniently situated next to Palm Bay's new Fire and Rescue Station at 2144 NE Palm Bay Road. This prime location, surrounded by thousands of residential units, makes it exceptionally well-suited for a variety of medical uses, including an urgent care center, dental practice, general medical practice, or veterinary clinic. Land lease options will be considered for A-rated tenants. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving area of Palm Bay, Florida, zip code 32905. The property is located in Brevard County.

    Property Features for 2134 Palm Bay Rd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.6096321
    Latitude
    28.0348592

    Nearby Similar for Sale

    • $627,000
      3,472 SF

      Modern Duplex in Palm Bay

      Contemporary duplex with luxury finishes, ideal for investors or families.
      1659 Javier St SE, Palm Bay, FL 32909
      View Details
    • $395,000
      1,870 SF

      Palm Bay Commercial Opportunity

      Well-maintained commercial space suitable for medical or professional office.
      2179 Julian Ave NE, Palm Bay, FL 32905
      View Details
    • $1,249,982
      3,376 SF

      Turn-Key Restaurant with River Views

      Fully equipped restaurant on 1.03 acres with Indian River views.
      4720 Dixie Hwy NE, Palm Bay, FL 32905
      View Details
    • $725,000
      Pending

      Palm Bay Four-Plex Investment

      Four spacious units in a sought-after Palm Bay location.
      410 Thor Ave SE, Palm Bay, FL 32909
      View Details
    • New
      $450,000
      2,412 SF

      Palm Bay Duplex Opportunity

      Income-producing duplex in Palm Bay with tenant in place.
      1667 Desco St, Palm Bay, FL 32909
      View Details
    • $35,000
      500 SF

      Established Floral Business Opportunity

      Turnkey floral business for sale in Palm Bay, Florida.
      4690 Lipscomb St NE, Palm Bay, FL 32905
      View Details
    • $627,000
      3,472 SF

      Palm Bay Duplex with Garages

      Modern duplex in Palm Bay ideal for investors or families.
      2542 Hester Ave SE, Palm Bay, FL 32909
      View Details
    • $448,000
      2,196 SF

      Palm Bay Office with Expansion Potential

      Office property in Palm Bay with room for expansion and storage.
      1853 Canova St SE, Palm Bay, FL 32909
      View Details
    • $627,000
      3,472 SF

      New Duplex in Palm Bay

      Move-in ready duplex featuring luxury finishes and spacious layouts.
      1660 Lizette St SE, Palm Bay, FL 32909
      View Details
    • $627,000
      3,472 SF

      New Modern Duplex in Palm Bay

      Under construction duplex with luxury finishes, ideal for investors.
      1659 Javier St SE, Palm Bay, FL 32909
      View Details
    • $315,000
      0.24 Acres

      New Construction Home in Palm Bay

      Modern, practical new construction home with open floor plan.
      1421 Towton St SE, Palm Bay, FL 32909
      View Details
    • Contact for pricing

      Palm Bay Single Family Property

      Single family property for sale in Palm Bay, Florida.
      2995 Ell Pl SW, Palm Bay, FL 32908
      View Details

    FAQs

    What type of property is this?
    Land - Prime 32,500 SF Commercial Lot
    Where is this land located?
    The property is located at 2134 Palm Bay Rd Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $995,000.
    Request Owner's contact information
    2134 Palm Bay Rd Palm Bay, FL 32905
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2134 Palm Bay Rd
    Palm Bay, FL 32905
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2134 Palm Bay Rd Palm Bay, FL 32905
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.