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Property profile & analytics
OFF-MARKET
Commercial real estate

449 Denmark St Palm Bay, FL 32908

Property ID
US18-5273944
Property summary
AI-generated overview

This exceptional 10,019 square foot commercial and residential zoned lot presents a unique investment opportunity in Palm Bay, Florida. Located in Port Malabar Unit #37, this buildable lot offers convenient access to essential amenities. Just four miles from Publix shopping center, it provides easy access to daily necessities. Families will appreciate the proximity to Bayside High and Westside Elementary Schools, located within a six-minute drive. For shopping and entertainment, the Melbourne Square Mall is a 23-minute drive away, and the beaches of Indialantic are approximately a 36-minute drive. The property is zoned Rs2, making it suitable for single-family residential development. Detailed driving directions are available: From I-95 Exit 176, proceed west on Palm Bay Road NE, then left onto Minton Road, south for 2.5 miles. Turn right onto Malabar Road, west for 1 mile, then left onto Garvey Road for 1.2 miles. A left turn onto Damek Terrace SW, followed by another left onto Denmark Street SW, will lead directly to the property on the left. This is a rare opportunity to acquire a well-situated lot in a desirable area, perfect for building a new home or developing a residential project. The asking price is $42,999.

Property profile
Verified
Property type Commercial real estate
UPID US18-5273944
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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