Property profile

3650 Dixie NE Hwy Palm Bay, FL 32905

OFF-MARKET
Bars & Pubs
Property ID
US18-4391501
3,997 SF 0.86 ac lot Built 1952
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1952
Construction WOOD
Total area 3,997 SF
Lot 0.86 ac (37,462 SF)
Zoning code HC
APN 28-37-13-FK-00000.0-0002.07
UPID US18-4391501

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
  • Freight Service Logistics Company
  • Bar & Pub

Location

3650 Dixie NE Hwy Palm Bay, FL 32905-2734
Palm Bay metro Census 65123 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.18M

Owner & transaction history

since 2023
Last sale
$900,000
6 recorded transactions
2023
$900,000
2019
Price N/A
2004
$335,000
1969
Price N/A
1969
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
Top alternative use upside
Commercial (general) $745,000 +14.5%
Retail stores $685,000 +5.1%

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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