Property profile

2595 Palm Bay NE Rd Palm Bay, FL 32905

OFF-MARKET
Drive through restaurants
Property ID
US18-5272450
2,023 SF 0.5 ac lot Built 1990
Individually Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,023 SF
Lot 0.5 ac (21,780 SF)
Zoning code HC
APN 28-37-23-01-00008.0-0001.00
UPID US18-5272450

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
  • (Bike/Boat/Book/etc) Store
  • Restaurant
  • Waste Management Facility
  • Grocery & Convenience Store

Location

2595 Palm Bay NE Rd Palm Bay, FL 32905-3521
Palm Bay metro Census 65123 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$920k
CAP Approach CAP
by Request
Comparable Approach Comparable
$726k
Blend (final) Blend
$920k

Owner & transaction history

since 2024
Last sale
$920,000
7 recorded transactions
2024
Price N/A
2024
$920,000
2022
$460,000
2022
Price N/A
2009
$265,000
2006
Price N/A
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

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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