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    328 Malabar Rd Palm Bay, FL 32909

    For Sale
    $1,575,000
    Added:
    Dec 11, 2024
    Days on Market:
    363

    Property Features for 328 Malabar Rd

    General Information

    Property type
    Land
    Lot Size
    76,230 SF

    HighLights

    • 1.75‑acre commercial parcel (potential for 2 acres) in Palm Bay, FL.
    • 475 feet of potential frontage on Malabar Road.
    • High‑traffic location with 23,000 vehicles daily.
    • Commercially zoned property at a signalized intersection.
    • Prime location near major retailers, less than two miles from I‑95.
    • Three existing houses provide immediate income potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.664451
    Latitude
    27.998624

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    FAQs

    Where is this land located?
    The property is located at 328 Malabar Rd Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $1,575,000.
    What are key features of this property?
    This property features: 1.75-acre commercial parcel (potential for 2 acres) in Palm Bay, FL.; 475 feet of potential frontage on Malabar Road.; High-traffic location with 23,000 vehicles daily.
    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
    328 Malabar Rd Palm Bay, FL 32909
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