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    2796 Acmar Ave Palm Bay, FL 32908

    For Sale
    Contact for pricing

    10,454 SF Commercial Lot, $29,500

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 10,454 square foot commercial land parcel presents a unique investment opportunity in the burgeoning Palm Bay, Florida area. Located at 2796 Acmar Avenue SW, Palm Bay, FL 32908, this property offers significant potential for future development, despite its current limitations. Currently unimproved, the lot lacks utilities and is not presently buildable. However, a key advantage is its existing road access, providing convenient accessibility for future projects. The asking price is an attractive $29,500, making it an appealing entry point for investors seeking land in a growing market. The property's location within Brevard County, Florida, offers proximity to various amenities and potential growth opportunities. While the lot requires further development to become buildable, its size and location make it a compelling investment for those with a long-term vision. Note that this is a single lot, and the seller possesses additional lots in the same area for those interested in larger-scale acquisitions. This property is being sold "as is." Buyers are responsible for conducting their own due diligence regarding zoning, permitting, and utility availability. This is a chance to acquire a piece of Palm Bay's future.

    Property Features for 2796 Acmar Ave

    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
    -80.710733
    Latitude
    27.926698

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    FAQs

    What type of property is this?
    Land - 10,454 SF Commercial Lot, $29,500
    Where is this land located?
    The property is located at 2796 Acmar Ave Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $29,500.
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    2796 Acmar Ave 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
    2796 Acmar Ave Palm Bay, FL 32908
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