999 Colonial Ave Palm Bay, FL 32909
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 999 Colonial Ave
- Property type
- Commercial real estate
Description
This exceptional 10,454 square foot commercial and residential land parcel is situated at 999 Colonial Avenue SE in Palm Bay, Florida, zip code 32909. Located in a thriving area experiencing significant new construction, this oversized corner lot offers unparalleled potential for developers and investors. Its prime location provides easy access to a variety of amenities, including schools, shopping centers, restaurants, and the recreational facilities of Liberty Park. The property's city water access is a significant advantage. The asking price for this rare opportunity is $57,000. Given the limited availability of similar lots in this neighborhood, this presents a unique chance to acquire a substantial piece of land in a rapidly developing area of Palm Bay. The property's versatility allows for a range of development possibilities, catering to both commercial and residential needs. Its strategic location and size make it an attractive investment for those seeking to capitalize on the growth and potential of this vibrant Florida community. Interested parties are encouraged to conduct their own due diligence and explore the various development options available. The property is conveniently located near major roadways, ensuring easy access for residents and businesses alike. This is a truly remarkable opportunity to secure a valuable asset in a high-demand location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palm Bay
- County
- Brevard
- State
- Florida
- Longitude
- -80.653147
- Latitude
- 27.973065
