3260 Dixie NE Hwy Palm Bay, FL 32905-2529
Property summary
This exceptional 0.43-acre commercial land parcel, located at 3260 Dixie Highway NE in Palm Bay, Florida (zip code 32905), presents a remarkable investment opportunity. Situated directly on US-1, this property boasts exceptional visibility and accessibility, with daily traffic counts exceeding 31,360 vehicles. The lot measures approximately 155 feet by 120 feet, providing ample space for development. The zoning is designated as Highway Commercial (HC), offering a wide range of potential uses. All utilities are readily available. For added convenience, the lot will be cleared and leveled prior to sale, minimizing upfront development costs. Its prime location offers easy access to downtown Melbourne. The asking price for this ready-to-develop property is $259,000. A lease option is also available at a monthly rate of $2,000 plus taxes
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
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.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
HC · Palm Bay, FLThe 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.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HC in Palm Bay, FL.
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