1282 Malabar Rd Palm Bay, FL 32907
This 10,018.8 square foot commercially and residentially zoned land parcel is ideally situated at 1282 Malabar Road SW in Palm Bay, Florida, 32907. Its prime location offers exceptional accessibility to major roadways and a wealth of amenities. The property is conveniently located along a main thoroughfare, providing easy access to a variety of services and businesses. All schools are within a 15-minute drive. Nearby big-box retailers include Walmart Supercenter and Home Depot, along with numerous restaurants and everyday conveniences. The St. John's Heritage Parkway is a short 3-minute drive, offering quick access to US-192 and I-95. A large city park, featuring a playground, community center, sports fields, and pet area, is also within close proximity. The property utilizes well water and a septic system; Palm Bay Utilities documentation confirms that connection to city water and sewer is not possible. This versatile property presents a unique opportunity for various commercial and residential development possibilities.
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.