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    3238 Aspen Rd Palm Bay, FL 32909

    For Sale
    $85,000

    Prime .46-acre lot, ideal for residential or commercial development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional .46-acre (20,037.6 sq ft) lot, located at 3238 Aspen Rd SE in Palm Bay, Florida (zip code 32909), presents a unique opportunity for both residential and commercial development. Situated in a desirable area near Bayside Lakes, this property boasts convenient access to excellent schools, dining, and shopping. The lot offers ample space for a substantial home, with room for additional features such as a pool, boat storage, RV parking, or a shed. The quiet residential neighborhood features paved roads and many recently constructed homes, ensuring a peaceful yet convenient lifestyle. The property is easily accessible, with a visible sign on-site for easy identification. While no survey or environmental study is currently available, the expansive lot size provides significant potential for various development projects. Buyers should conduct their own due diligence. The asking price for this remarkable property is $85,000. This is a rare opportunity to acquire a versatile lot in a thriving Florida community.

    Property Features for 3238 Aspen Rd

    General Information

    Property type
    Land

    HighLights

    • .46‑acre lot (20,037.6 sq ft) at 3238 Aspen Rd SE, Palm Bay, FL 32909.
    • Suitable for residential or commercial development near Bayside Lakes.
    • Convenient access to schools, dining, and shopping.
    • Ample space for a large home plus pool, boat/RV storage, or shed.
    • Located in a quiet, established neighborhood with paved roads.
    • $85,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Wholesale Shop Auto Parts Store Kitchen & Bath Garden Center Electronics Store Bakery Plumbing Service Pet Grooming Service Mobile Phone Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.6649489
    Latitude
    27.912497

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    FAQs

    What type of property is this?
    Land - Prime .46-acre lot, ideal for residential or commercial development.
    Where is this land located?
    The property is located at 3238 Aspen Rd 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: .46-acre lot (20,037.6 sq ft) at 3238 Aspen Rd SE, Palm Bay, FL 32909.; Suitable for residential or commercial development near Bayside Lakes.; Convenient access to schools, dining, and shopping.
    Request Owner's contact information
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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
    3238 Aspen Rd Palm Bay, FL 32909
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