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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2099 Palm Rd Palm Bay, FL 32905

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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