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Financial
Distress signals
Property profile

1707 Canova St Se Palm Bay, FL 32907

FOR LEASE
Other warehouses
Property ID
US18-4993010
6,282 SF 0.55 ac lot Built 1984
Last sale Mar 2008
Trust Owned Owner of record is a trust. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is located on Canova St. NE, one block south of Malabar Rd. (SR 514), at the corner of Babcock St. and Canova St. NE in the City of Palm Bay. It is configured for mixed office and work uses and includes a roll-up door. Architectural features include a covered entry and a large front window, and the building is visible from Babcock St. The property is zoned GC (City of Palm Bay).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$379k
Assessed land$100k
Assessed improvement$279k
Effective rate1.84%

Value estimate

· Oct 2026
$380k
$342k – $418k
CAP approach$665k
Submarket $/SF estimate$715k
NOI build-up
Gross scheduled income$16k
Vacancy & credit loss−$1k
Operating expenses−$4k
NOI · 384.30% cap applied$10k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$129/SF
Submarket average, outlier-cleaned · 107 recorded sales of this use type
Observed band · Q1–Q3$92 – $200

Cap rate analysis

How does the asset earn?
384.30%
$10k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CC
The intent of this district is to permit the development of commercial activities which offer a wide range of goods and services to the s...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.5
Realty agency16.5
Dental Office15.9

Location

1707 Canova St Se Palm Bay, FL 32907
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
415 Martin SE, Palm Bay, FL 32909-3924 $800,000 Aug 2024 6,000 SF
414 Martin SE, Palm Bay, FL 32909-3923 $745,000 Nov 2022 5,016 SF
1771 Agora SE, Palm Bay, FL 32909-3970 $650,000 Jun 2022 7,820 SF
495 Martin SE, Palm Bay, FL 32909-3924 $189,100 Jun 2020 4,574 SF
486 Martin SE, Palm Bay, FL 32909-4060 $75,000 Oct 2019 6,000 SF
478 Martin SE, Palm Bay, FL 32909-4034 $77,500 Oct 2019 8,750 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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