226 Labra St Palm Bay, FL 32908
This exceptional 11,325.6 square foot lot presents a unique opportunity for both commercial and residential development in the desirable Palm Bay, Florida area. Located at 226 SW Labra Street SW, 32908, this already cleared lot is ideally situated amongst newer homes, offering a tranquil setting while remaining conveniently close to Bayside Lakes and local churches. The property's prime location provides easy access to the beautiful beaches and the Intracoastal Waterway, making it an attractive proposition for a variety of uses. The asking price is $39,900. This versatile land parcel is zoned for both commercial and residential purposes, providing flexibility for potential buyers. The lot's size allows for substantial building plans, catering to a range of development projects. Future connection to city water is anticipated, further enhancing the property's appeal and potential for immediate development. Buyers are encouraged to conduct their own due diligence regarding zoning regulations and future utility connections. This is a rare opportunity to acquire a sizable lot in a thriving community with excellent access to amenities and natural beauty. Don't miss out on this chance to build your dream home or commercial venture in a highly sought-after 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
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.