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    918 Oakner St Palm Bay, FL 32908

    For Sale
    $32,000

    10,019 SF Commercial Lot - $32,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 10,019 square foot commercial lot, located at 918 Oakner Street SW in Palm Bay, Florida (zip code 32908), presents a unique opportunity for development. Situated on a peaceful street, the property offers a serene country setting with stunning sunset views and expansive open spaces. Despite its tranquil location, it enjoys convenient proximity to the Bayside Lakes shopping center, ensuring easy access to amenities and services. The lot has already been cleared, simplifying the development process. While utilities are readily available, with electricity recently added to the street, the property will require the installation of a well and septic system. This makes it ideal for a variety of commercial ventures, offering a blend of peaceful surroundings and practical accessibility. The asking price for this remarkable property is $32,000. Its size and location in Brevard County, Florida, make it a highly attractive investment opportunity. The latitude and longitude coordinates are 27.941556 and -80.697799 respectively.

    Property Features for 918 Oakner St

    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
    -80.697799
    Latitude
    27.941556

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    FAQs

    What type of property is this?
    Land - 10,019 SF Commercial Lot - $32,000
    Where is this land located?
    The property is located at 918 Oakner St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $32,000.
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    918 Oakner St Palm Bay, FL 32908
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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
    918 Oakner St Palm Bay, FL 32908
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