Technical
Financial
Distress signals
Property profile

2681 Palm Bay NE Rd Palm Bay, FL 32905

OFF-MARKET
Automotive properties
Property ID
US18-8775289
1,224 SF 0.7 ac lot Built 1976
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1976
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,224 SF
Lot 0.7 ac (30,492 SF)
Zoning code HC
APN 28-37-23-01-00001.0-0001.00
UPID US18-8775289

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
  • Plumbing Service General Contractor

Location

2681 Palm Bay NE Rd Palm Bay, FL 32905-3523
Palm Bay metro Census 65123 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2020
Last sale
$410,000
7 recorded transactions
2020
$410,000
2008
$384,000
2005
$235,000
2004
$175,000
2002
$153,500
2002
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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