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Property profile & analytics
OFF-MARKET
Land

2944 Cor Lot On Madden Ave Palm Bay, FL 32908

Property ID
Property summary
AI-generated overview

This 11,761 square foot corner lot in Palm Bay, Florida, presents a unique investment opportunity. Located in the desirable Port Malabar Unit #49, this vacant lot is zoned Rs2 and offers convenient access to essential amenities. Within a 10-15 minute radius, you'll find Publix, Bayside High School, and Westside Elementary School. Commuting is also simplified, with Melbourne Square Mall approximately 30 minutes away and the beaches of Indialantic within a 35-40 minute drive. The property boasts a convenient location in the southwest section of Palm Bay, offering a blend of rural tranquility and proximity to urban conveniences. Street access to electric powerlines is available. Detailed directions are available: From I-95 Exit 176, head west on Palm Bay Road NE, then left on Minton Road for 2.5 miles. Turn right onto Malabar Road for 1 mile, then left on Garvey Road, left on Garbelmann Street, right on Gaynor Drive for 1.2 miles. Turn right on J.A. Bombardier Boulevard and left on Madden Avenue. Proceed 2.1 miles to the corner of Madden and Chobee Street. This property is offered as an assignment. The asking price is $27,000.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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