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    2909 Grant Ave Palm Bay, FL 32909

    For Sale
    $56,500

    Prime Commercial/Residential Lot, 10,018 sq ft

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 10,018.8 square foot lot presents a unique opportunity for commercial or residential development in the desirable Palm Bay, Florida area. Located at 2909 Grant Avenue SE, 32909, this city water lot is one of a select few currently available in Unit 46. The property offers convenient access to a variety of amenities. Bill Madden Park, a pet-friendly park with a playground, grills, and picnic areas, is a short drive or a five-minute bike ride away. For shopping, dining, and everyday conveniences, bustling Malabar Road is an eight-minute drive north, providing easy access to I-95. The Bayside Lakes District, also just eight minutes away, offers a Publix, Dunkin', Walgreens, and various medical services. The newer South Palm Bay I-95 access point is a short drive south, with rumors of a future Publix grocery store in the area. The beaches are less than a half-hour away, adding to the property's appeal. This versatile lot is priced at $56,500 and presents significant potential for investors and developers alike. The property's location in a beautiful neighborhood makes it an attractive investment.

    Property Features for 2909 Grant Ave

    General Information

    Property type
    Land

    HighLights

    • $56,500 asking price.
    • 10,018.8 sq ft lot.
    • Located in Palm Bay, FL.
    • Commercial and residential zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Accounting Firm Hotel & Motel Auto Parts Store Kitchen & Bath HVAC Service Discount Store Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.636404
    Latitude
    27.920983

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Lot, 10,018 sq ft
    Where is this land located?
    The property is located at 2909 Grant Ave Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $56,500.
    What are key features of this property?
    This property features: $56,500 asking price.; 10,018.8 sq ft lot.; Located in Palm Bay, FL.
    Request Owner's contact information
    2909 Grant Ave Palm Bay, FL 32909
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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
    2909 Grant Ave Palm Bay, FL 32909
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