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Property profile & analytics
OFF-MARKET
Medical Office Space

1454 Bellaire NE Ln Palm Bay, FL 32905-3902

1,396 SF 0.25 ac lot Built 1962
Individually Owned 7-yr Hold Free & Clear
Property ID
US18-0687897
Property summary
AI-generated overview

This exceptional commercial property, located at 1454 Bellaire Lane NE in Palm Bay, Florida, presents a rare investment opportunity. The 1,248 square foot office building sits on a substantial 10,890 square foot lot, offering ample space and potential for expansion or redevelopment. Built in 1962, the property benefits from recent upgrades, including a new roof and HVAC system installed in 2019, ensuring efficient and cost-effective operation. The permitted zoning is 1900. The property's convenient location in the rapidly growing Palm Bay area provides easy access to beaches (approximately 10 minutes away) and other amenities. This versatile space is ideal for a variety of commercial uses, making it an attractive option for both established businesses and entrepreneurs. The single-unit building includes its own dedicated parking lot, providing convenient parking for staff and clients. Priced at $450,000, this property offers significant potential for return on investment in a thriving Florida market. The large lot size presents possibilities for future development or expansion, adding further value to this already compelling offering. Don't miss this chance to acquire a well-maintained, strategically located commercial property in a high-growth area.

Property profile
Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1962
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,396 SF
Lot 0.25 ac (10,890 SF)
Zoning code CC
APN 28-37-22-00-00754.0-0000.00
UPID US18-0687897
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Healing Hands Chiropractic Wel · 7 yrs held
Healing Hands Chiropractic Wel
since 2019
1 recorded transaction
2019
$95,000
Zoning & alternative use
CC · Palm Bay, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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