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    OFF-MARKET
    Commercial real estate

    1018 Benedictine St, Palm Bay, FL 32907

    Property ID
    US18-3901280
    Property summary
    AI-generated overview

    This exceptional 10,019 square foot lot presents a unique investment opportunity in the desirable Northwest Palm Bay, Florida area. Zoned for both commercial and residential use, this versatile property offers significant potential for a variety of development projects. Its prime location in the 32907 zip code provides easy access to local amenities, including nearby parks, schools, and shopping centers, ensuring high visibility and convenient access for any future business or residential development. The property is situated at 1018 Benedictine Street NW, Palm Bay, Brevard County, Florida. The asking price for this expansive lot is $38,000. Given its size and strategic location, this property represents a compelling investment opportunity for developers and investors seeking to capitalize on the growing Palm Bay market. The flexibility of commercial and residential zoning allows for a wide range of possibilities, from building a small commercial space with residential units above, to developing a multi-family residential complex, or even creating a unique mixed-use development. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property's latitude and longitude coordinates are 28.00827 and -80.7011069 respectively.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US18-3901280
    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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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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