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    67 Emerson Dr Palm Bay, FL 32907

    For Sale
    $54,900

    10,019 SF Vacant Lot, City Water

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 10,019 square foot vacant lot presents a remarkable investment opportunity in the desirable Northwest Palm Bay area, specifically Unit 44. Located at 67 Emerson Drive NW, Palm Bay, FL 32907, this partially cleared lot boasts convenient access to city water and is situated on a well-maintained paved road. The surrounding area is characterized by recently constructed homes, indicating a thriving and growing neighborhood. The property's commercial and residential zoning allows for diverse development possibilities, catering to a range of investment strategies. Its prime location offers the added benefit of proximity to the beach, less than 30 minutes away, enhancing its appeal and potential for future appreciation. The asking price for this attractive parcel is $54,900. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. The property is easily accessible for viewing; feel free to drive by and assess its suitability for your investment goals. This is a rare opportunity to acquire a well-located lot in a rapidly developing area of Palm Bay, Florida.

    Property Features for 67 Emerson Dr

    General Information

    Property type
    Land

    HighLights

    • $54,900 asking price.
    • 10,019 square foot lot.
    • Commercial and residential zoning.
    • Located at 67 Emerson Drive NW, Palm Bay, FL 32907.
    • Partially cleared lot with city water available.
    • Located in a desirable Northwest Palm Bay neighborhood near recently built homes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Clothing Store Building Supply Auto Repair Shop Wholesale Shop HVAC Service Computer & Electronic Repair Electrical Service Nursing Home Assisted Living Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.725346
    Latitude
    28.0324192

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    FAQs

    What type of property is this?
    Land - 10,019 SF Vacant Lot, City Water
    Where is this land located?
    The property is located at 67 Emerson Dr Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $54,900.
    What are key features of this property?
    This property features: $54,900 asking price.; 10,019 square foot lot.; Commercial and residential zoning.
    Request Owner's contact information
    67 Emerson Dr Palm Bay, FL 32907
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    Palm Bay, FL 32907
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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
    67 Emerson Dr Palm Bay, FL 32907
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