1330 Illinois St Palm Bay, FL 32907
This exceptional 10,019 square foot lot, located at 1330 Illinois Street NW in Palm Bay, Florida, presents a unique dual-use opportunity. Zoned for both commercial and residential development, this property offers unparalleled flexibility for investors and developers. The asking price is $45,000. Situated in Brevard County, zip code 32907, the property boasts a desirable location. Its generous size allows for a variety of development possibilities, catering to diverse project needs. A key advantage is the tranquil setting, backing up to a canal, ensuring privacy and a serene environment without rear neighbors. The property's address is easily accessible, providing convenient access to local amenities and transportation routes. This versatile lot is ideal for those seeking a prime location to build a dream home or develop a commercial venture. The latitude and longitude coordinates are 28.00657 and -80.708911 respectively. This is a rare opportunity to acquire a substantial parcel of land in a growing area, offering significant potential for future appreciation. Don't miss this chance to secure a piece of Palm Bay's promising real estate market. The property is ready for immediate development, making it an attractive proposition for those seeking a quick return on investment. This is a truly remarkable opportunity to capitalize on the potential of this versatile land parcel.
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.