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Property profile & analytics
OFF-MARKET
Shopping centers

3260 Dixie NE Hwy Palm Bay, FL 32905-2529

4,426 SF 0.43 ac lot Built 1954
Entity Owned ~ Est. High Equity
Property ID
US18-4646859
Property summary
AI-generated overview

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
Verified
Property type Shopping centers
Use group SHOPPING CENTER COMMON AREA
Year built 1954
Total area 4,426 SF
Lot 0.43 ac (18,731 SF)
Zoning code HC
APN 28-37-11-76-0000C.0-0001.00
UPID US18-4646859
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bs Melbourne Fl LLC
Bs Melbourne Fl LLC
since 2026
Last sale
$125,000
5 recorded transactions
2026
$250,000
2025
Price N/A
2021
$125,000
2006
$350,000
2004
$95,000
Zoning & alternative use
HC · Palm Bay, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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