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    4500 Dixie Hwy NE Palm Bay, FL 32905
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    Property profile & analytics

    4500 Dixie Hwy NE, Palm Bay, FL 32905

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    • Strip malls
    • 43,251 SF
    • 3.27 lot acres
    Retail Spaces Available in Palm Bay For Lease
    $2,670,000
    6,801 SF

    Retail Spaces Available in Palm Bay

    Retail and restaurant spaces for lease with US-1 frontage.

    4500 Dixie Hwy NE, Palm Bay, FL
    View Listing
    Property ID
    US18-4135382
    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.

    Value Estimations
    $2,670,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 4500 Dixie Hwy NE

    Year built
    1967
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.27 lot acres
    Zone code
    RMH
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    28-37-24-76-00000.0-0023.00
    APU
    9223372036854775807

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 15, 2025 $2,600,000 4500 Dixie Hwy LLC Tri Palm Bay Plaza LLC Warranty Deed —
    Apr 29, 2010 $1,999,500 Tri Palm Bay Plaza LLC Theo Realty Investments Warranty Deed —
    Nov 16, 2007 — Theo Realty Invs Tri Palm Bay Plaza LLC Warranty Deed · related —
    Oct 5, 2007 — Tri Palm Bay Plaza LLC Theo Realty Investments Warranty Deed —
    Jul 28, 2006 — Theo Rlty Investments Batmasian,james H Warranty Deed · related —
    Nov 14, 2005 $3,000,000 Theo Realty Investments Batmasian,james H Warranty Deed $2.3M · Landamerica Exchange Co
    Aug 29, 2005 — James H Batmasian Batmasian,james H & Marta Quit Claim Deed · related —
    — — Tri Palm Bay Plaza LLC — Deed Of Trust · related $1.2M · Northern Trust Co
    — — Tri Palm Bay Plaza LLC — Loan Modification · related $1.2M · Northern Tr
    — — Theo Realty Investments — Deed Of Trust · related $480k · Northern Trust Co

    Description

    Palm Bay Plaza, located at 4500 Dixie Hwy NE, Palm Bay, FL 32905, presents a unique commercial real estate opportunity. This 35,846 square foot property, built in 1967 and zoned RMH, offers flexible space ideal for various businesses. Currently, 7,448 square feet are vacant, divisible into units ranging from 647 to 6,801 contiguous square feet. The property sits on a 3.27-acre lot and is categorized as Retail, Office, and Restaurant space, with a Traditional Office and Storefront subtype. Multiple tenancies are available. The property is undergoing renovations to create a modern and functional space. This location benefits from its strategic placement in the Palm Bay submarket of Brevard County, Florida, and is poised to benefit from the development of over 800 nearby apartment units, ensuring a strong potential customer base. The property's diverse zoning and flexible space options make it suitable for a wide range of businesses seeking a prominent location in a growing community. Contact us today to learn more about this exciting investment opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,735,000
      ML approach
      $2,740,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,217,000
      Market price range: $1.43M - $3.59M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.5769
    Latitude
    28.0283
    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
    $48,811
    $532,460
    $2,112,630
    $2,645,090
    -
    $532,460
    $2,112,630
    $2,645,090
    View Listing
    More about this property
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