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    1011 Yale Ave Palm Bay, FL 32909

    For Sale
    $47,477

    Prime .30-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 13,068 square foot commercial land parcel is situated at 1011 Yale Avenue SE in Palm Bay, Florida, zip code 32909. Priced affordably at $47,477, this property presents a unique opportunity for investors and developers. Located in Brevard County, this .30-acre lot offers convenient access to Malabar Road and nearby shopping centers, making it an attractive location for various commercial ventures. The property is partially cleared, with a few trees remaining. Its prime location between San Filippo and Babcock streets ensures easy access to major roadways and central Florida attractions. Beach access is also conveniently located within a 20-minute drive. This is a ready-to-develop site, perfect for those seeking a strategic investment in a thriving Florida community. The property's coordinates are 27.973203 latitude and -80.63785 longitude. Don't miss this chance to acquire this valuable commercial land in a high-demand area.

    Property Features for 1011 Yale Ave

    General Information

    Property type
    Land

    HighLights

    • $47,477 asking price for this commercial land parcel.
    • 13,068 square foot lot.
    • Located at 1011 Yale Avenue SE, Palm Bay, FL 32909.
    • .30‑acre lot in prime SE Palm Bay location.
    • Minutes from Malabar Road and shopping.
    • Easy access to Central Florida attractions and beaches (approx. 20 min to beach).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.63785
    Latitude
    27.973203

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    FAQs

    What type of property is this?
    Land - Prime .30-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 1011 Yale Ave Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $47,477.
    What are key features of this property?
    This property features: $47,477 asking price for this commercial land parcel.; 13,068 square foot lot.; Located at 1011 Yale Avenue SE, Palm Bay, FL 32909.
    Request Owner's contact information
    1011 Yale Ave 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
    1011 Yale Ave Palm Bay, FL 32909
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