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    859 Geary St Palm Bay, FL 32908

    Sponsored
    For Sale
    $59,000

    10,454 sq ft lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 10,454 square foot commercial and residential land parcel is situated at 859 Geary Street SW in Palm Bay, Florida, zip code 32908. Priced affordably at $59,000, this property offers significant potential for various uses. The lot features convenient access to major roadways, including I-95, US-192, and the Malabar Road corridor, providing easy access to a wide array of amenities such as shopping, dining, banking, and medical services. Enjoy increased privacy thanks to a rear drainage canal separating the property from its neighbors. The location is also family-friendly, with proximity to Jupiter Elementary and Heritage High schools, as well as St. John's Heritage Parkway and one of Palm Bay's largest parks, complete with playgrounds, sports fields, a community center, and a pet area. The property utilizes well water and a septic system. This versatile lot presents a unique opportunity for developers and investors alike. Its size and strategic location make it an ideal candidate for a variety of commercial and/or residential projects. Don't miss this chance to acquire a substantial piece of land in a thriving Florida community.

    Property Features for 859 Geary St

    General Information

    Property type
    Land

    HighLights

    • 10,454 SF commercial/residential lot in Palm Bay, FL (32908) for $59,000.
    • Excellent access to I‑95, US‑192, and Malabar Rd.
    • Offers increased privacy with rear drainage canal.
    • Near Jupiter Elementary, Heritage High, St. John's Heritage Parkway, and a large Palm Bay park.
    • Well water and septic system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Dental Office Nail Salon Building Supply Auto Repair Shop Wholesale Shop Kitchen & Bath HVAC Service Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.695567
    Latitude
    27.983908

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    FAQs

    What type of property is this?
    Land - 10,454 sq ft lot, prime location.
    Where is this land located?
    The property is located at 859 Geary St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $59,000.
    What are key features of this property?
    This property features: 10,454 SF commercial/residential lot in Palm Bay, FL (32908) for $59,000.; Excellent access to I-95, US-192, and Malabar Rd.; Offers increased privacy with rear drainage canal.
    Request Owner's contact information
    859 Geary 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
    859 Geary St Palm Bay, FL 32908
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