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Property summary
This exceptional value-add investment opportunity presents two vacant commercial buildings totaling 21,720 square feet situated on a 2.69-acre lot in Palm Bay, Florida. Built in 1984 and 1985, the property boasts a prime location with 150 feet of frontage on Palm Bay Road and 500 feet of depth, offering excellent visibility and accessibility. The property features 75 striped parking spaces with potential for expansion, a two-sided lighted sign, and convenient access via Palm Bay Road and… Pinewood Drive. City of Palm Bay utilities are in place. The property is zoned CC and is ideally positioned amidst a thriving mix of office, retail, restaurant, and residential uses, just minutes from major employers like L3Harris Corp., DRS, and Intersil. A 7-Eleven convenience store is located at the southwest corner, further enhancing the property's strategic location. The half-acre on-site retention area adds to the property's functionality. This property presents a unique chance to acquire a substantial commercial asset with significant upside potential. The asking price is $2,400,000, translating to $110.50 per square foot. The property's APN is 28-37-22-00-274.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 12,190 SF
- Lot area
- 2.69 ac
- Year built
- 1984
- Stories
- 1
- APN
- 28-37-22-00-00274.0-0000.00
- Zoning
- CC
- Assessed value · 2023
- $1,634,490
- Annual tax · 2023
- $30,897
- Auto Repair, Garage
- Retail Stores
- Medical Building
- Office Building · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The intent of this district is to permit the development of commercial activities which offer a wide range of goods and services to the surrounding community primarily located at or near the intersection of arterial road…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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