1495 Absaroka Ln Malabar, FL 32950
This exceptional 1.5-acre commercial and residential lot, located at 1495 Absaroka Lane N in Malabar, Florida (zip code 32950), presents a unique investment opportunity. Priced at $165,000, this property boasts a total area of 65,776 square feet and is situated within a newly established, gated community. The land has been recently cleared, and a quote for additional clearing is available upon request. The community features custom homes, each situated on at least one acre, creating a serene and private atmosphere. Enjoy the abundant Florida wildlife, including sandhill cranes, deer, white egrets, and blue herons. Conveniently located minutes from I-95 and US-1, this property offers easy access to Palm Bay shopping, the Indian River, and nearby beaches. Its proximity to major employers like DRS, L3 Harris, and Northrop Grumman adds to its appeal. City water and underground utilities are already in place. Building requirements specify a minimum of 2,500 square feet of living area for homes, with two-story homes requiring a minimum of 1,800 square feet on the main level. The community gates are open from 8 am to 6 pm, allowing for convenient access to view this beautiful neighborhood. This is a truly remarkable opportunity to build your dream home or develop a commercial venture in a desirable Florida location.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.