Property profile

235 Palm Bay NE Rd West Melbourne, FL 32904

OFF-MARKET
Drive through restaurants
Property ID
US18-5833258
3,901 SF 1.24 ac lot Built 2009
Entity Owned 17-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2009
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,901 SF
Lot 1.24 ac (54,014 SF)
Zoning code CP
APN 28-37-19-01-00000.0-0012.00
UPID US18-5833258

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
  • Restaurant Take-out & Catering

Location

235 Palm Bay NE Rd West Melbourne, FL 32904-8602
West Melbourne metro Census 71335 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
$605k
Blend (final) Blend
$520k

Owner & transaction history

since 2009
2 recorded transactions
2011
Price N/A
2009
$1.3M

Zoning & alternative use

CP · West Melbourne, FL

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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