Property profile

3540 Jupiter SE Blvd Palm Bay, FL 32909

OFF-MARKET
Strip malls
Property ID
US18-1984359
7,608 SF 0.77 ac lot Built 2009
Entity Owned 12-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity presents a 1,000 square foot space within the Jupiter Center, a single-story, 6,893 square foot strip center located at 3540 Jupiter Blvd SE in Palm Bay, Florida. Built in 2009, this property sits on a 0.77-acre lot and is zoned NC. The center comprises eight suites in total, with one suite currently available, offering immediate occupancy for a prospective tenant. The minimum divisible space is 1,000 square feet, perfectly suited for a variety of retail businesses. The property's address is easily accessible and benefits from high visibility along Jupiter Blvd SE. The building features a single story and is well-maintained. The property's location in Palm Bay, Brevard County, Florida, provides access to a strong local market and convenient access to major transportation routes. The property's APN is 29-37-05-GJ-H.1. This is an excellent chance to establish a business in a thriving community with a well-positioned retail space. Don't miss this opportunity to secure a prime location in a bustling commercial center. Contact us today to learn more about this exceptional retail space and schedule a viewing.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2009
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,608 SF
Lot 0.77 ac (33,541 SF)
Zoning code NC
APN 29-37-05-GJ-0000H.1-0000.00
UPID US18-1984359

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3540 Jupiter SE Blvd Palm Bay, FL 32909-4165
Palm Bay metro Census 71342 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2013
7 recorded transactions
2013
$346,000
2009
Price N/A
2009
Price N/A
2008
$250,000
2007
Price N/A
2007
Price N/A
2005
$74,900

Zoning & alternative use

NC · Palm Bay, FL
Zoning description

The purpose of this district is to allow limited commercial activities offering convenience goods and personal services to residents of the surrounding neighborhood. Development standards and provisions are established t…

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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