Property profile

4855 Babcock NE St Palm Bay, FL 32905

OFF-MARKET
Drive through restaurants
Property ID
US18-3013509
2,470 SF 1.38 ac lot Built 1999
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1999
Construction WOOD
Total area 2,470 SF
Lot 1.38 ac (60,113 SF)
Zoning code HC
APN 28-37-22-00-00506.0-0000.00
UPID US18-3013509

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering
  • Restaurant Take-out & Catering

Location

4855 Babcock NE St Palm Bay, FL 32905-2809
Palm Bay metro Census 65129 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$710k
CAP Approach CAP
by Request
Comparable Approach Comparable
$619k
Blend (final) Blend
$665k

Owner & transaction history

since 2020
Last sale
$640,000
2 recorded transactions
2020
$640,000
1997
$240,000

Zoning & alternative use

HC · Palm Bay, FL
Zoning description

The intent of this district is to permit highway oriented businesses and regional scale facilities located along or near the intersection of major arterials and transportation nodes.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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