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    000 Magnolia Rd Grant-Valkaria, FL 32950

    For Sale
    $240,000

    3.86-acre lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 3.86-acre commercial and residential land parcel, located at 000 Magnolia Road in Malabar, Florida (zip code 32950), presents a unique investment opportunity. Priced at $240,000, this property offers significant potential for various development projects. The lot encompasses a substantial 168,141.6 square feet and is comprised of three separate parcels (parcel IDs: #29-37-23-00-41, #29-37-23-00-44, #29-37-23-00-32). Its strategic location provides convenient access to the Grant-Valkaria Town Connector Trail and Park via an existing easement, making it attractive for residential development. Enjoy the benefits of a golf cart permit and proximity to the Habitat Golf Course, Valkaria Airport, and a nearby equestrian community. Furthermore, a newly installed sidewalk provides direct access to the Indian River Lagoon, enhancing the property's recreational appeal. The asking price of $240,000 translates to less than $63,000 per acre, representing a compelling value proposition in this desirable Brevard County location. This versatile property is suitable for a range of uses, making it an attractive investment for both commercial and residential developers.

    Property Features for 000 Magnolia Rd

    General Information

    Property type
    Land

    HighLights

    • 3.86‑acre commercial and residential land parcel in Malabar, FL (32950).
    • $240,000 asking price; 168,141.6 square feet total.
    • Three separate parcels (#29‑37‑23‑00‑41, #29‑37‑23‑00‑44, #29‑37‑23‑00‑32).
    • Convenient access to Grant‑Valkaria Town Connector Trail & Park via easement.
    • Golf cart permit available, near Habitat Golf Course, Valkaria Airport, and equestrian community.
    • Newly installed sidewalk with direct Indian River Lagoon access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grant-Valkaria
    County
    Brevard
    State
    Florida
    Longitude
    -80.5982077
    Latitude
    27.9517544

    Nearby Comparable

    • $49,000
      1.40 Acres

      Undeveloped Land in Grant-Valkaria

      1.4 acres of vacant land in a growing area.
      Malabar, FL 32950
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    • $125,000

      Valkaria Road Commercial Land Investment

      Two acres, I-95 access, development potential.
      701 Valkaria Rd, Grant-Valkaria, FL 32950
      View Details
    • $150,000

      Malabar Land: $150K, 59K SF

      Prime Commercial/Residential Land, Owner Financing Available
      00 Unknown Off Lortie Ave, Malabar, FL 32950
      View Details

    Nearby Similar for Sale

    • $4,000,000
      21,225 SF

      Prime Grant-Valkaria Industrial Facility

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    FAQs

    What type of property is this?
    Land - 3.86-acre lot, ideal for development.
    Where is this land located?
    The property is located at 000 Magnolia Rd Grant-Valkaria, FL.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: 3.86-acre commercial and residential land parcel in Malabar, FL (32950).; $240,000 asking price; 168,141.6 square feet total.; Three separate parcels (#29-37-23-00-41, #29-37-23-00-44, #29-37-23-00-32).
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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
    000 Magnolia Rd Grant-Valkaria, FL 32950
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