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    622 Heron Rd Palm Bay, FL 32908

    For Sale
    $34,700

    Prime 10,000+ sq ft commercial lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10,018.8 square foot commercial land parcel is ideally situated at 622 Heron Road, Palm Bay, Florida, 32908. Located in Brevard County, this property presents a unique opportunity for developers and investors seeking a prime location for commercial development. The asking price is $34,700. The lot's size offers ample space for a variety of commercial ventures. Its excellent location near Bayside Shops provides convenient access to established retail and residential areas, ensuring high visibility and potential for strong returns. The surrounding neighborhood features well-developed homes, suggesting a stable and desirable community. This property is ready for immediate development, allowing for quick project commencement and potential for capital appreciation. Given the current market trends, securing this lot now offers a strategic advantage before prices potentially increase further. The property's coordinates are 27.947495 latitude and -80.689794 longitude. Don't miss this chance to acquire a valuable piece of commercial real estate in a thriving Florida location.

    Property Features for 622 Heron Rd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Auto Repair Shop Clothing Store Hotel & Motel Kitchen & Bath Travel Agency Bed & Breakfast Plumbing Service Carpet & Flooring Store Shoe Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.689794
    Latitude
    27.947495

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    FAQs

    What type of property is this?
    Land - Prime 10,000+ sq ft commercial lot
    Where is this land located?
    The property is located at 622 Heron Rd Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $34,700.
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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
    622 Heron Rd Palm Bay, FL 32908
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