Property profile

0000 Ohio St Melbourne, FL 32904

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 37,026 square foot lot presents a remarkable opportunity for investors and developers in the thriving city of Melbourne, Florida. Located at 0000 Ohio Street, zip code 32904, this property boasts a prime location within Brevard County. The land is zoned for both commercial and residential use, offering unparalleled flexibility for a wide range of development projects. With its substantial size, this parcel provides ample space for various ventures, from constructing a multi-family residential complex to developing a commercial building. The asking price is $138,500, representing a significant value proposition, especially considering comparable properties in the area have indicated values exceeding $160,000. The seller is highly motivated, making this an attractive investment opportunity with considerable upside potential. This property is situated at 28.0641746 latitude and -80.6995037 longitude, providing easy access to major transportation routes and local amenities. Don't miss this chance to acquire a versatile and strategically located land parcel in a rapidly growing Florida market. Act quickly to secure this exceptional investment.

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

0000 Ohio St Melbourne, FL 32904
Melbourne metro
Google Maps

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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