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    0000 Benjamin Rd Malabar, FL 32950

    For Sale
    Contact for pricing

    50,530 SF Commercial/Residential Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 50,530 square foot parcel presents a unique investment opportunity in Malabar, Florida. Zoned for both commercial and residential use, this expansive lot offers significant development potential. Located near Goat Creek, south of Benjamin Avenue and west of Corey Avenue, east of Weber, and in the vicinity of Ohana, this property enjoys a desirable location. The address is 0000 Benjamin, Malabar, FL 32950. Its convenient location provides easy access to local amenities and transportation routes. The asking price for this versatile land is $28,000. This makes it an attractive proposition for developers seeking to capitalize on the growing demand for both commercial and residential properties in the area. The property's substantial size allows for a variety of development options, from small-scale commercial ventures to larger residential projects. Given its dual zoning, the possibilities are extensive and cater to a wide range of investment strategies. Serious inquiries are encouraged to explore the full potential of this prime Malabar land offering. The property is situated at latitude 27.9689144 and longitude -80.584528. Brevard County is the location of this property.

    Property Features for 0000 Benjamin Rd

    General Information

    Property type
    Land

    HighLights

    • 50,530 SF commercially and residentially zoned lot in Malabar, FL.
    • Located near Goat Creek, south of Benjamin Avenue, west of Corey Avenue, and east of Weber, near Ohana.
    • Address: 0000 Benjamin Ave, Malabar, FL 32950.
    • Asking price: $28,000.
    • Excellent development potential for commercial or residential projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Auto Repair Shop Gym & Fitness Department Store Kitchen & Bath Food Market Accounting Firm Garden Center Discount Store Electronics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Malabar
    County
    Brevard
    State
    Florida
    Longitude
    -80.584528
    Latitude
    27.9689144

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    FAQs

    What type of property is this?
    Land - 50,530 SF Commercial/Residential Land
    Where is this land located?
    The property is located at 0000 Benjamin Rd Malabar, FL.
    What is the asking price?
    The asking price for this property is $28,000.
    What are key features of this property?
    This property features: 50,530 SF commercially and residentially zoned lot in Malabar, FL.; Located near Goat Creek, south of Benjamin Avenue, west of Corey Avenue, and east of Weber, near Ohana.; Address: 0000 Benjamin Ave, Malabar, FL 32950.
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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
    0000 Benjamin Rd Malabar, FL 32950
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