You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
FOR SALE
Office buildings

422 Martin Rd SE Palm Bay, FL 32909

5,766 SF 0.58 ac lot Built 2009
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US18-3715181
Property summary
AI-generated overview

This exceptional 4,680 sq ft mixed-use property in Palm Bay, Florida, is offered at $1,225,000. Situated on a spacious 25,264.8 sq ft lot, this single-story, 2009-built building is zoned 'General Commercial,' allowing for diverse uses. Currently configured as an adult day care facility with medical overtones, the property features a well-designed concrete block structure with a metal roof, high ceilings, ceramic flooring, multiple community rooms, offices, two commercial kitchens, ample bathrooms, laundry facilities, and pantries. Additional amenities include a covered wrap-around porch, screened porch, portico, sprinkler system, 20 parking spaces, and perimeter fencing. Its strategic location near I-95, Palm Bay Hospital, and major roadways offers excellent visibility and accessibility. The business currently operating on the premises is excluded from the sale but may be negotiated separately. Owner financing is considered. Exposure and signage are available on Babcock Street. Detailed zoning information, floor plans, and maps are available. This property presents a unique opportunity for various medical facilities, clinics, laboratories, or research and development businesses.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2009
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,766 SF
Lot 0.58 ac (25,265 SF)
APN 29-37-03-26-01990.0-0035.00
UPID US18-3715181
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Yvonne T Williams · 3 yrs held
Yvonne T Williams
since 2022
Last sale
$170,000
6 recorded transactions
2022
Price N/A
2008
Price N/A
2007
Price N/A
2007
$170,000
2006
$101,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message