1573 Fogarty St Palm Bay, FL 32908
This 10,019 square foot lot presents a unique investment opportunity in Palm Bay, Florida. Located at 1573 Fogarty Street SW, this 0.23-acre parcel is zoned for both commercial and residential use. Currently, the property lacks utilities and the City of Palm Bay has no plans for future utility installation in this area, rendering it unsuitable for immediate construction. Road access is available. The seller has limited knowledge of the property and offers no warranties beyond title. The property's location offers proximity to local schools, being approximately three miles from Bayside High and Westside Elementary Schools. Directions from I-95 Exit 176 involve traveling west on Palm Bay Road, turning left onto Minton Road, then south for 3.3 miles. A left turn onto DeGroodt Road SW, followed by a right onto JA Bombardier Boulevard, leads to a westward journey of two miles. Finally, turn right onto Wingham Drive SW, left onto Angora, and left onto Fogarty Street SW
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
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.