440 Thor Ave, Palm Bay, FL 32909
This exceptional 0.51-acre vacant lot presents a unique investment opportunity in the thriving southeastern area of Palm Bay, Florida. Located at 440 Thor, Palm Bay, FL 32909, this property is zoned for residential use, offering significant potential for development. The asking price is $129,900. Given Palm Bay's robust population and economic growth, this lot represents a strategic investment in a high-demand market. Its convenient location near major transportation routes ensures excellent accessibility and visibility, making it an ideal site for various projects, including multi-family developments. The property's size and zoning provide flexibility for a range of development options, catering to diverse investment strategies. This is a rare chance to acquire a substantial parcel of land in a rapidly expanding area of Florida, offering strong potential for future appreciation and returns. The coordinates are 27.989815 latitude and -80.6196159 longitude, situated within Brevard County. This prime location offers investors and developers a compelling opportunity to capitalize on the ongoing growth in Palm Bay. Don't miss this chance to secure a piece of Florida's dynamic real estate market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.