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    324 Deer Run Rd Palm Bay, FL 32909

    For Sale
    $300,000

    2.53-Acre Commercial Lot, $300,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 110,207 square foot commercial lot presents a unique investment opportunity in the desirable Palm Bay, Florida area. Located at 324 Deer Run Road, zip code 32909, in Brevard County, this expansive 2.53-acre parcel offers significant potential for a variety of commercial ventures. The property's generous size allows for substantial development, providing ample space for construction tailored to specific business needs. Its location in Southern Palm Bay offers a blend of tranquility and accessibility, with proximity to major roadways ensuring convenient transportation links. The surrounding area features established amenities, enhancing the property's appeal and potential for attracting customers or employees. The asking price for this prime commercial land is $300,000. This represents a compelling investment opportunity in a thriving Florida market, offering the chance to build a successful business in a desirable location. The property's size and location make it an ideal canvas for a wide range of commercial developments, from retail spaces to light industrial facilities. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is zoned for commercial use (verification of zoning with local authorities is recommended).

    Property Features for 324 Deer Run Rd

    General Information

    Property type
    Land

    HighLights

    • Exceptional 2.53‑acre commercial lot (110,207 sq ft) in Palm Bay, FL.
    • Located at 324 Deer Run Road, Palm Bay, FL 32909 (Brevard County).
    • Zoned for commercial use (buyer to verify).
    • Asking price: $300,000.
    • Prime location offering convenient access to major roadways and established amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.65249
    Latitude
    27.877289

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    FAQs

    What type of property is this?
    Land - 2.53-Acre Commercial Lot, $300,000
    Where is this land located?
    The property is located at 324 Deer Run Rd Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Exceptional 2.53-acre commercial lot (110,207 sq ft) in Palm Bay, FL.; Located at 324 Deer Run Road, Palm Bay, FL 32909 (Brevard County).; Zoned for commercial use (buyer to verify).
    Request Owner's contact information
    324 Deer Run Rd 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
    324 Deer Run Rd Palm Bay, FL 32909
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