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    1742 Canova St Palm Bay, FL 32909

    Sponsored
    For Sale
    $1,650,000

    Established Auto Body Shop, 4,400 SF

    Property size:
    4,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This turnkey business opportunity presents a well-established paint and body shop in Palm Bay, Florida. Located at 1742 Canova St SE, this property boasts a substantial 4,400 square foot building constructed in 2015. The building, a durable concrete block and stucco structure, sits on a spacious 0.34-acre lot, offering ample room for customer vehicles and operational space. The property features five convenient roll-up doors, ideal for efficient workflow, and includes a dedicated paint booth. Impact windows provide added security and protection. The two-story building offers a total of 4,400 square feet across one unit. This nearly ten-year-old business enjoys a strong reputation, evidenced by positive online reviews. The asking price for this exceptional business and building package is $1,650,000. This represents a rare chance to acquire a profitable, established business with a modern, well-maintained facility in a desirable location. The property's size and features make it well-suited for continued growth and expansion. Serious inquiries are encouraged.

    Property Features for 1742 Canova St

    General Information

    Property type
    Investment properties
    Square Feet
    4,400 SF
    Lot Size
    14,810 SF

    Building Details

    Year Built
    2015
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • $1,650,000 asking price for this established Palm Bay, FL business and building.
    • 4,400 square foot building on a 0.34‑acre lot.
    • Well‑established paint and body shop, nearly 10 years in operation.
    • Built in 2015, featuring a concrete block/stucco construction.
    • Includes five roll‑up doors, one paint booth, and impact windows.
    • Turnkey operation with excellent online reviews.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.6205286
    Latitude
    27.9970181

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    FAQs

    What type of property is this?
    Investment property - Established Auto Body Shop, 4,400 SF
    Where is this investment property located?
    The property is located at 1742 Canova St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: $1,650,000 asking price for this established Palm Bay, FL business and building.; 4,400 square foot building on a 0.34-acre lot.; Well-established paint and body shop, nearly 10 years in operation.
    Request Owner's contact information
    1742 Canova St 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
    1742 Canova St Palm Bay, FL 32909
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