2099 Palm Rd Palm Bay, FL 32905
This exceptional retail opportunity presents a thriving, single-tenant smoke shop located at 2099 Palm Bay Road. The property encompasses 1,260 square feet of well-established retail space, perfectly suited for continued operation as a smoke shop or potential conversion to a similar retail use. The current business enjoys a strong reputation and consistent revenue stream. The asking price includes the established business goodwill valued at $40,000. The property is offered as a single-tenant building, with no additional suites. The monthly rent is $2,500. The lot size is not specified. The property's Assessed Parcel Number (APN) is 28-37-22-01-2-2. This turnkey operation provides an immediate return on investment for a savvy buyer looking to enter the established retail market in a high-traffic area. The property's location on Palm Bay Road ensures excellent visibility and accessibility for customers. This is a rare opportunity to acquire a profitable, established business with significant potential for future growth. The sale includes the existing business and its goodwill, offering a seamless transition for the new owner. Serious inquiries only. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.