Property profile

2672 Palm Bay NE Rd Palm Bay, FL 32905

OFF-MARKET
Turn key restaurants
Property ID
US18-4104646
1,960 SF 0.5 ac lot Built 1956
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1956
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,960 SF
Lot 0.5 ac (21,780 SF)
Zoning code HC
APN 28-37-23-75-0000A.0-0004.00
UPID US18-4104646

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

Location

2672 Palm Bay NE Rd Palm Bay, FL 32905-3524
Palm Bay metro Census 65123 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2024
Last sale
$380,500
5 recorded transactions
2024
$380,500
2019
$275,000
2016
$170,000
2005
$375,000
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

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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