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    799 Empress St Palm Bay, FL 32909

    For Sale
    $85,000

    10,019 SF Lot, Water & Sewer

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 10,019 square foot commercial and residential land parcel presents a unique investment opportunity in the thriving Palm Bay, Florida market. Located at 799 Empress Street SE, 32909, this oversized pie-shaped lot boasts convenient access to Malabar Road, providing effortless access to shopping and major highways. The property's prime location within a rapidly developing area of Palm Bay offers significant potential for various commercial and residential ventures. A key advantage is the availability of water and sewer services, eliminating costly infrastructure development. Furthermore, an environmental report completed in January 2024 confirms the absence of wetlands or protected species on the site, streamlining the development process and minimizing potential environmental concerns. This property is ideal for developers or investors seeking a versatile land parcel with immediate utility connections in a high-growth area. The lot's size and location make it suitable for a range of projects, from small-scale commercial buildings to multi-family residential developments. The asking price is $85,000. This represents a compelling opportunity to acquire a strategically located property in a dynamic market poised for continued expansion. The property is situated in Brevard County, Florida.

    Property Features for 799 Empress St

    General Information

    Property type
    Land

    HighLights

    • $85,000 asking price for 10,019 square feet of land.
    • Located at 799 Empress Street SE, Palm Bay, FL 32909.
    • Commercial and residential zoning.
    • Oversized lot with water and sewer access.
    • No wetlands or protected species; environmental report completed January 2024.
    • Desirable Palm Bay location near Malabar Rd, offering convenient shopping and highway access.
    Property Profile Insight Report 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
    -80.649559
    Latitude
    27.994552

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    FAQs

    What type of property is this?
    Land - 10,019 SF Lot, Water & Sewer
    Where is this land located?
    The property is located at 799 Empress St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: $85,000 asking price for 10,019 square feet of land.; Located at 799 Empress Street SE, Palm Bay, FL 32909.; Commercial and residential zoning.
    Request Owner's contact information
    799 Empress St Palm Bay, FL 32909
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    Palm Bay, FL 32909
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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
    799 Empress St Palm Bay, FL 32909
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