Technical
Financial
Distress signals
Property profile

2500 Prt Malabar NE Blvd Palm Bay, FL 32905

OFF-MARKET
Office buildings
Property ID
US18-2006350
6,274 SF 1.43 ac lot Built 1959
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1959
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,274 SF
Lot 1.43 ac (62,291 SF)
Zoning code HC
APN 28-37-25-09-00000.0-000C.01
UPID US18-2006350

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
  • Daycare Center
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

2500 Prt Malabar NE Blvd Palm Bay, FL 32905-6065
Palm Bay metro Census 65201 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$490k

Owner & transaction history

since 2022
5 recorded transactions
2022
Price N/A
2022
$770,000
2014
Price N/A
2006
$830,000
1969
Price N/A

Zoning & alternative use

HC · Palm Bay, FL
Zoning description

The intent of this district is to permit highway oriented businesses and regional scale facilities located along or near the intersection of major arterials and transportation nodes.

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $1.4M +47.8%
Retail stores $1.1M +13.5%
Medical building $1.0M +5.8%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2500 Prt Malabar NE Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message