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    Property profile & analytics

    175 Malabar NW Rd Palm Bay, FL 32907-2944

    • Retail space
    • 16,710 SF
    • 1.55 lot acres
    OFF-MARKET
    Value Estimation
    $4,975,000
    Last Sale
    Dec 21, 2020
    $5,213,700
    Location Intelligence
    Property ID
    US18-3027808
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 175 Malabar NW Rd

    Year built
    2005
    Construction
    WOOD
    Lot size
    1.55 lot acres
    Property size
    16,710 SF
    Zone code
    CC
    Property type
    Retail space
    APN
    28-36-36-00-00780.0-0000.00
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,465,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,545,000
      6.5%
      $4,900,000
      7%
      $4,900,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,020,000
      Geo Method
      $4,850,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,660,000
      Retail
      $5,705,000
      Mixed-Use
      $5,605,000
      Hospitality
      $5,925,000
      Educational
      $4,690,000
      Residential Income
      $5,770,000
      Energy
      $5,270,000
      Income-Based Land
      $5,995,000
      Food Service
      $4,960,000

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.6744
    Latitude
    27.9995
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $35,123
    $405,110
    $1,430,090
    $1,835,200
    -
    $405,110
    $1,430,090
    $1,835,200

    Comparable in this City

    • Value Estimation
      $350,000
      3,168 SF

      1603 Georgia NE St

      RETAIL STORES (PERSONAL SERVICES) • 3,168 SF
      1603 Georgia NE St, Palm Bay, FL 32907-2597
      View Details
    • Value Estimation
      $355,000
      2,600 SF

      1117 Malabar NE Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,600 SF
      1117 Malabar NE Rd, Palm Bay, FL 32907-3261
      View Details
    • Value Estimation by Request
      4,888 SF

      1260 Malabar SE Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,888 SF
      1260 Malabar SE Rd, Palm Bay, FL 32907-2556
      View Details
    • Value Estimation by Request
      7,396 SF

      235 Malabar NE Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,396 SF
      235 Malabar NE Rd, Palm Bay, FL 32907-3091
      View Details
    • Value Estimation
      $600,000
      5,800 SF

      1366 Malabar Rd Se Ste A

      RETAIL STORES (PERSONAL SERVICES) • 5,800 SF
      1366 Malabar Rd Se Ste A, Palm Bay, FL 32907-2593
      View Details
    • Value Estimation by Request
      12,903 SF

      399 Emerson NW Dr

      RETAIL STORES (PERSONAL SERVICES) • 12,903 SF
      399 Emerson NW Dr, Palm Bay, FL 32907-1087
      View Details

    Similar Nearby for Sale

    • $150,000

      Palm Bay Retail Business Opportunity

      Established Business, High-Growth Area, $150K
      5108 Minton Rd, Palm Bay, FL 32907
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      Prime Palm Bay Land Investment

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    • $45,900

      Palm Bay Commercial Land - $45,900

      10,018 sq ft lot, residential zoning.
      1282 Malabar Rd, Palm Bay, FL 32907
      View Details
    • $56,900

      Palm Bay Land: Double Lots!

      Two lots, canal frontage, no HOA.
      792 Ontario St, Palm Bay, FL 32907
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      0.26 Acres

      Palm Bay Land For Sale

      Land available in Palm Bay, Florida.
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    Similar Nearby for Lease

    • $24 SF/Yr
      5,918 SF

      Unique Restaurant and Retail Opportunity

      Former museum spaces ideal for restaurant, food hall, or retail.
      1510-1520 Highland Ave, Melbourne, FL 32907
      View Details
    • $4,000 /Mo
      2,320 SF

      Palm Bay Commercial Space For Lease

      Commercial space for lease in Palm Bay, Florida.
      1344 Malabar Rd SE, Palm Bay, FL 32907
      View Details
    • $4,000 /Mo

      Retail Space on Malabar Road

      Retail space with flexible layout and fenced rear exterior.
      1344 Malabar Rd SE, Palm Bay, FL 32907
      View Details
    • Contact for pricing

      Retail Parcels Near Publix Center

      Retail development parcels with high visibility and access.
      32907 Usa, Palm Bay, FL 32907
      View Details
    • $3,544 /Mo
      18,505 SF

      Palm Bay Medical Office Space

      Prime medical office space with elevator access in Palm Bay.
      490 Centre Lake Dr NE, Palm Bay, FL 32907
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    • $17 SF/Yr
      82,764 SF

      Palm Bay Commercial Land Lease

      1.9 Acres, High-Traffic Location
      1240 Malabar Rd, Palm Bay, FL 32907
      View Details

    Property Visit Statistics

    • Visits by month
      1.7k
    • Visitors by month
      1.1k
    • Avg Time on site
      46 min
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    Palm Bay, FL 32907-2944
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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