Technical
Financial
Distress signals
Property profile

1526 Water NE Dr Palm Bay, FL 32905

OFF-MARKET
Retail properties & Spaces
Property ID
US18-5271318
1,920 SF 0.66 ac lot Built 1958
Trust Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,920 SF
Lot 0.66 ac (28,750 SF)
Zoning code BMU
APN 28-37-24-27-00005.0-0003.00
UPID US18-5271318

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
  • Hardware & Home Improvement General Contractor

Location

1526 Water NE Dr Palm Bay, FL 32905-3668
Palm Bay metro Census 65123 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2026
4 recorded transactions
2026
Price N/A
2023
Price N/A
2022
$425,000
2010
$186,000

Zoning & alternative use

BMU · Palm Bay, FL
Zoning description

The purpose of the mixed-use districts is to foster an attractive and functional mix of residential and nonresidential land uses within a walkable setting

General category MIXED_USE

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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