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Property profile & analytics
OFF-MARKET
Commercial real estate

1330 Illinois St Palm Bay, FL 32907

Property ID
US18-3385523
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US18-3385523
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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