Property profile & analytics
5015 Babcock St Palm Bay, FL 32905
- Shopping centers
- 6,100 SF
- 1.30 lot acres
For Sale
View listing
$259,900
Value Estimation
Location Intelligence
Property ID
US18-5047108
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Shopping centers
Property Details for 5015 Babcock St
- Year built
- 1990
- Lot size
- 1.30 lot acres
- Property size
- 6,100 SF
- Zone code
- HC
- Property type
- Shopping centers
- Property subtype
- Specialty properties
- APN
- 28-37-27-00-00279.0-0000.00
- APU
- 9223372036854775807
Description
This 1.3-acre development site, located at 5015 Babcock Street NE in Palm Bay, Florida (zip code 32905), presents a compelling investment opportunity. Zoned HC (Highway Commercial), this rectangular parcel boasts 202 feet of frontage on Babcock Street and a depth of 280 feet. The property offers convenient access to Babcock Street via a driveway with a median cut, and includes 20 existing parking spaces. An eight-inch water line is already in place. The land is largely cleared, filled, and sits above street grade. This location benefits from high traffic volume
Value Estimation
by Realmo proprietary methodology
Last update: July 3, 2025
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $275,000
- 7%
- $260,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $310,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $215,000
- Retail
- $245,000
- Mixed-Use
- $280,000
- Hospitality
- $235,000
- Educational
- $290,000
- Residential Income
- $285,000
- Energy
- $225,000
- Income-Based Land
- $295,000
- Food Service
- $215,000
Location Insight
- Map
- Local Demand
- City
- Palm Bay
- County
- Brevard
- State
- Florida
- Longitude
- -80.6214
- Latitude
- 28.0256
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,848
$248,860
$13,320
$262,180
-
$248,860
$13,320
$262,180
