1291 Tacoma St Palm Bay, FL 32909
This exceptional 10,019 square foot commercial and residential lot is situated in the heart of Palm Bay, Florida, at 1291 Tacoma Street SE, zip code 32909. The property is fully cleared and filled, offering immediate development potential. Its strategic location provides unparalleled convenience, with close proximity to major retail establishments such as Home Depot and Lowe's. Eastern Florida University is also nearby, adding to the area's vibrant community atmosphere. The lot benefits from easy access to Interstate 95, ensuring seamless connectivity throughout the region. Adding to its appeal, the property features well water and enjoys added privacy due to a canal located behind the lot. This versatile land parcel presents a unique opportunity for investors and developers seeking a prime location in a thriving Florida market. The asking price is $47,500. Don't miss this chance to acquire this highly desirable property; act quickly before it's gone. The property is zoned for both commercial and residential use.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.