Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    438 Martin SE Rd Palm Bay, FL 32909-4202

    • Truck terminals
    • 2,460 SF
    • 0.56 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US18-3508083
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Truck terminals

    Property Details for 438 Martin SE Rd

    Year built
    1985
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.56 lot acres
    Property size
    2,460 SF
    Property type
    Truck terminals
    APN
    29-37-03-26-01990.0-0033.00
    APU
    9223372036854775807

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $255,000
      6.5%
      $240,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $210,000
      Mixed-Use
      $210,000
      Hospitality
      $230,000
      Educational
      $215,000
      Residential Income
      $270,000
      Energy
      $240,000
      Income-Based Land
      $240,000
      Food Service
      $210,000

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.6213
    Latitude
    27.9898
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,951
    $30,500
    $254,160
    $284,660
    -
    $30,500
    $254,160
    $284,660

    Comparable in this City

    • Value Estimation
      $180,000
      1,944 SF

      1650 Weiman SE Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 1,944 SF
      1650 Weiman SE Rd, Palm Bay, FL 32909
      View Details
    • Value Estimation
      $195,000
      4,574 SF

      495 Martin SE Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 4,574 SF
      495 Martin SE Rd, Palm Bay, FL 32909-3924
      View Details
    • Value Estimation
      $455,000
      12,320 SF

      240 Interstate SE Ct

      TRUCK TERMINAL (MOTOR FREIGHT) • 12,320 SF
      240 Interstate SE Ct, Palm Bay, FL 32909-3998
      View Details
    • Value Estimation
      $355,000
      5,000 SF

      470 Martin SE Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 5,000 SF
      470 Martin SE Rd, Palm Bay, FL 32909-3923
      View Details
    • Value Estimation
      $350,000
      3,000 SF

      447 Martin SE Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 3,000 SF
      447 Martin SE Rd, Palm Bay, FL 32909-3924
      View Details
    • Value Estimation by Request
      864 SF

      Palm Bay, FL 32909

      TRUCK TERMINAL (MOTOR FREIGHT) • 864 SF
      Palm Bay, FL 32909
      View Details

    Similar Nearby for Sale

    • $2,000,000
      12,320 SF

      Palm Bay Warehouse - $2M

      12,320 SF Warehouse, 1.16 Acres
      240 Interstate Ct, Palm Bay, FL 32909
      View Details
    • $1,550,000
      12,320 SF

      Palm Bay Industrial Property

      12,320 SF industrial property available for sale.
      240 Interstate Ct SE, Palm Bay, FL 32909
      View Details
    • $4,950,000
      18.00 Acres

      Palm Bay 18-Acre Development Land

      Unentitled land, multi-use potential.
      6950 Babcock St, Palm Bay, FL 32909
      View Details
    • $1,575,000
      1.75 Acres

      328 Malabar Rd

      Land • 1.75 Acres
      328 Malabar Rd, Palm Bay, FL 32909
      View Details
    • $45,000

      Palm Bay Commercial Land - $45K

      10,019 SF Commercial Lot, Prime Location
      3174 Tompkins Ave, Palm Bay, FL 32909
      View Details
    • $1,900,000

      Prime Sebastian Land Development Opportunity

      17.34 Acres, Commercial & Residential Potential
      0 Micco Rd, Sebastian, FL 32909
      View Details

    Similar Nearby for Lease

    • $1,050 /Mo
      1,200 SF

      Office/Warehouse Unit For Rent

      1200 SF office/warehouse unit with loading door available for rent.
      360 Thor Ave SE, Palm Bay, FL 32909
      View Details
    • $18 SF/Yr
      15,970 SF

      Palm Bay Retail Storefront Opportunity

      1,152 SF Retail Space Available in Palm Bay, FL
      3565 Jupiter Blvd, Palm Bay, FL 32909
      View Details
    • $1,100 /Mo
      900 SF

      Retail Space in Palm Bay

      Retail space available for lease in Palm Bay, Florida.
      1707 Canova St Se, Palm Bay, FL 32909
      View Details
    • $20 SF/Yr
      2,065 SF

      Prime Assisted Living Facility

      Lease this 6-bed ALF in quiet SE location.
      291 Awin Cir, Palm Bay, FL 32909
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    438 Martin SE Rd
    Palm Bay, FL 32909-4202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.