Technical
Financial
Distress signals
Property profile

438 Martin SE Rd Palm Bay, FL 32909

OFF-MARKET
Truck terminals
Property ID
US18-3508083
2,460 SF 0.56 ac lot Built 1985
Entity Owned 9-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This thriving discount store located at 438 Martin Road, Palm Bay, Florida 32909, presents a fantastic investment opportunity. Priced at $40,000, this well-established business boasts a loyal customer base and a strong social media presence. Built in 1985, the single-unit retail space offers a convenient storefront, ample storage in the rear, and two bathrooms. The business operates five days a week, demonstrating consistent operational efficiency. The property's exact lot size is not specified. This turnkey operation is ready for a new owner to continue its success. The business model is focused on a diverse range of products, catering to a broad customer demographic. Its established presence in the Palm Bay community, combined with its online engagement, positions it for continued growth and profitability. The business's consistent performance and loyal customer base make this a low-risk, high-reward investment opportunity in a desirable Florida location. Serious inquiries are encouraged to explore this exceptional retail business acquisition. The property is located in Brevard County.

Property profile

Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,460 SF
Lot 0.56 ac (24,394 SF)
APN 29-37-03-26-01990.0-0033.00
UPID US18-3508083

Cap rate & NOI

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

Location

438 Martin SE Rd Palm Bay, FL 32909-4202
Palm Bay metro Census 65231 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2016
3 recorded transactions
2016
$225,000
2000
$140,000
1969
Price N/A

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
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?”
You own 438 Martin SE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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