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Property profile & analytics
OFF-MARKET
Commercial real estate

447 Alamo St Palm Bay, FL 32909

Property ID
US18-2913195
Property summary
AI-generated overview

This exceptional 10,019 square foot lot presents a unique investment opportunity in Palm Bay, Florida. Zoned for both commercial and residential use, this versatile property offers significant potential for developers seeking a strategic location. Situated in Port Malabar Unit 25, the land boasts convenient access to essential amenities and major transportation routes. A short five-minute drive takes you to Westside Elementary School, while a quick eight-minute trip reaches a Publix Supermarket. For those needing air travel, Melbourne Airport is conveniently located just 26 minutes away, and the beautiful beaches of Indialantic are a mere 29-minute drive. The property's address is 447 Alamo Street SE, Palm Bay, FL 32909. Precise directions from I-95 exit 173 are available: travel west on Malabar Road for 0.2 miles, turn left onto San Filippo Drive for 6.5 miles, turn right onto Felda Avenue for 0.1 miles, and finally, turn left onto Alamo Street. The lot will be on your right. This is a rare opportunity to acquire a buildable lot in a thriving community with excellent proximity to schools, shopping, and recreational areas. The asking price for this exceptional property is $45,550.

Property profile
Verified
Property type Commercial real estate
UPID US18-2913195
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
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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