2115 Fallon Blvd, Palm Bay, FL 32907
This exceptional commercial and residential land opportunity encompasses 60,113 square feet situated at 2115 Fallon Boulevard NE, Palm Bay, Florida, 32907. The property consists of six contiguous buildable lots within Port Malabar Unit 06, offering significant development potential. Located in a desirable northeast Palm Bay neighborhood, this area boasts a blend of tranquility and vibrancy, combining serene surroundings with convenient access to coastal amenities, numerous parks, ample shopping options, and established medical centers. The thriving local economy further enhances the investment appeal. City water is readily available, adding to the property's desirability. The combined lot size presents a unique chance to create a substantial development project, capitalizing on the area's growth and prime location. This offering presents a rare opportunity to acquire multiple buildable lots in a row, ideal for a variety of commercial and residential ventures. The property's strategic location and readily available city water make it an attractive investment for developers and builders seeking a prime location in a growing Florida community. The address is precisely 2115 Fallon Boulevard NE, Palm Bay, FL 32907. The asking price for this significant land parcel is $390,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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