Technical
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Distress signals
Property profile

0 Xxx Halcomb Ave Palm Bay, FL 32909

OFF-MARKET
Land
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Property summary

AI-generated overview

Exceptional opportunity to acquire a 10,454 square foot commercial and residential land parcel located at Xxx Halcomb Avenue SE in Palm Bay, Florida, zip code 32909. This corner lot, situated at the intersection of Halcomb and Vanguard, offers significant potential for new construction or investment. The lot dimensions are 85 feet by 125 feet, and features moderate tree coverage. The property boasts convenient access via a paved road. This fast-growing neighborhood is experiencing a surge in new home construction, and offers easy access to a wide array of amenities including shopping centers, restaurants, schools, golf courses, parks, and more. The property's proximity to the Intracoastal Indian River and local beaches adds to its appeal. Furthermore, Southeast Palm Bay is experiencing robust job growth across diverse sectors such as technology, healthcare, and manufacturing, complemented by increasing demand in retail, hospitality, and education. This presents a compelling investment opportunity in a thriving and dynamic area. The asking price for this property is $42,000.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Xxx Halcomb Ave Palm Bay, FL 32909
Palm Bay metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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