447 Alamo St Palm Bay, FL 32909
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.
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
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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.