Property profile

115 Palm Bay Rd Neb West Melbourne, FL 32904

OFF-MARKET
Banks
Property ID
US18-2226931
5,542 SF 1.33 ac lot Built 2002
Individually Owned 17-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2002
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,542 SF
Lot 1.33 ac (57,935 SF)
Zoning code C2
APN 28-37-19-00-00261.0-0000.00
UPID US18-2226931

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Bank Loan Service
  • Atm

Location

115 Palm Bay Rd Neb West Melbourne, FL 32904-8600
West Melbourne metro Census 71335 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2009
1 recorded transaction
2009
Price N/A

Zoning & alternative use

C2 · West Melbourne, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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