Property profile

3565 Jupiter Blvd SE Palm Bay, FL 32909

FOR LEASE
Strip malls
Property ID
US18-4811209
3,934 SF 2.12 ac lot Built 2007
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a retail space located at the northeast corner of Emerson Drive Southeast and Jupiter Boulevard Southeast in Palm Bay. It sits at a major intersection and is surrounded by high-density residential neighborhoods. The space is delivered in a vanilla shell condition, which is configured to allow for tenant customization and build-out.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,934 SF
Lot 2.12 ac (92,347 SF)
Zoning code NC
APN 29-37-05-GJ-0000J.0-0000.00
UPID US18-4811209

Cap rate & NOI

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

Location

3565 Jupiter Blvd SE Palm Bay, FL 32909
Palm Bay metro Census 71342 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
$805k
Comparable Approach Comparable
$859k
Blend (final) Blend
$405k

Owner & transaction history

since 2013
7 recorded transactions
2013
$750,000
2012
Price N/A
2005
$400,000
1999
$327,000
1996
$17,600
1969
Price N/A
1969
Price N/A

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
Top alternative use upside
Auto repair, garage $880,000 +63.2%
Office building $790,000 +46.4%
Retail stores $675,000 +25.3%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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