1238 Jacob St Palm Bay, FL 32909
This exceptional 24,932 square foot lot in Palm Bay, Florida, presents a unique opportunity for both commercial and residential development. Located at 1238 Jacob Street, zip code 32909, this cleared, half-acre parcel is ideally situated for those seeking a blend of tranquility and convenience. The property's zoning allows for diverse uses, catering to a range of development plans. Its proximity to shopping centers, just two miles away, adds significant value and appeal. The address is easily accessible, offering excellent visibility and convenient access for residents or businesses. This property is situated in Brevard County, Florida, and offers a fantastic chance to build a dream home or establish a commercial venture in a thriving community. The asking price for this remarkable opportunity is $63,800. Don't miss this chance to acquire a versatile property in a desirable location. The land is ready for immediate development, eliminating the need for extensive site preparation. This makes it an attractive option for builders and investors alike, offering a streamlined path to project completion. This is a rare find in Palm Bay, combining residential and commercial potential in one convenient package.
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
Similar Nearby for Lease
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.