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Property profile & analytics
OFF-MARKET
Truck terminals

438 Martin SE Rd Palm Bay, FL 32909-4202

2,460 SF 0.56 ac lot Built 1985
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US18-3508083
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
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
Mangnitz Managenment LLC · 9 yrs held
Mangnitz Managenment LLC
since 2016
3 recorded transactions
2016
$225,000
2000
$140,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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