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    1759 Missouri Rd Palm Bay, FL 32907

    For Sale
    $55,000

    Buildable lot, excellent location, near schools & amenities.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional .23-acre commercial and residential lot, encompassing 10,019 square feet, presents a unique investment opportunity in the desirable Port Malabar Unit 41 area of Palm Bay, Florida. Located at 1759 Missouri Road NW, this buildable lot offers convenient access to key amenities and infrastructure. Its prime northwest location places it within a short commute to essential services and recreational destinations. Specifically, it's situated just 1.5 miles (approximately a 4-minute drive) from Heritage High School, providing easy access to education. For daily necessities, a Winn Dixie Supermarket is conveniently located 3.1 miles away (about an 8-minute drive). Furthermore, Melbourne Airport is a 13.9-mile drive (approximately 23 minutes), and the beautiful beaches of Indialantic are only 16.4 miles away (roughly a 34-minute drive). The property's address is easily accessible via a clear route from I-95 exit #180, involving a straightforward series of turns on US-192, St. Johns Heritage Parkway, Malabar Road, Wisteria Avenue, and finally Missouri Road. This property's strategic location and buildable nature make it an attractive proposition for various development projects. The lot is ready for your vision, offering a blend of commercial and residential potential in a thriving Florida community. The zip code is 32907, and the property is situated in Brevard County.

    Property Features for 1759 Missouri Rd

    General Information

    Property type
    Land

    HighLights

    • .23‑acre (10,019 sq ft) commercial/residential lot in desirable Palm Bay, FL.
    • Located at 1759 Missouri Road NW, Palm Bay, FL 32907 (Brevard County).
    • Buildable lot with convenient access to I‑95 (exit 180).
    • Close proximity to Heritage High School, Winn‑Dixie, Melbourne Airport, and Indialantic beaches.
    • Offers both commercial and residential development potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Hair Salon Building Supply Auto Repair Shop Gym & Fitness Accounting Firm Auto Parts Store Department Store Grocery 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
    -80.722681
    Latitude
    27.99943

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    FAQs

    What type of property is this?
    Land - Buildable lot, excellent location, near schools & amenities.
    Where is this land located?
    The property is located at 1759 Missouri Rd Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: .23-acre (10,019 sq ft) commercial/residential lot in desirable Palm Bay, FL.; Located at 1759 Missouri Road NW, Palm Bay, FL 32907 (Brevard County).; Buildable lot with convenient access to I-95 (exit 180).
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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
    1759 Missouri Rd Palm Bay, FL 32907
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