5108 Minton Rd Palm Bay, FL 32907
- Strip malls
- 5,800 SF
- 0.55 lot acres
Current Use by Public Records
- Strip malls
Property Details for 5108 Minton Rd
- Year built
- 1986
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.55 lot acres
- Property size
- 5,800 SF
- Zone code
- CC
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 28-36-24-KR-02472.0-0028.00
- APU
- 283624KR024720002800
Description
This exceptional retail business opportunity is located at 5108 Minton Road NW in Palm Bay, Florida, zip code 32907. The property, built in 1986, is a single-story building situated on a substantial 23,958 square foot lot. Priced at $150,000, this represents a compelling investment in a thriving commercial area. The sale includes the established business only. The property features one unit, ideal for a variety of retail uses. This is a well-established business in a rapidly developing section of Palm Bay, offering significant potential for growth and return on investment. The property benefits from a significant advantage: the landlord covers the water bill, reducing operating expenses for the new owner. The property's location in Brevard County, Florida provides easy access to major transportation routes and a strong customer base. This is a turnkey opportunity for an entrepreneur seeking to establish or expand their retail presence in a dynamic market. Further details are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $385,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $360,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $385,000
- Geo Method
- $310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $295,000
- Retail
- $355,000
- Mixed-Use
- $330,000
- Hospitality
- $405,000
- Educational
- $355,000
- Residential Income
- $350,000
- Energy
- $395,000
- Income-Based Land
- $375,000
- Food Service
- $325,000
Location Insight
- Map
- Local Demand
- City
- Palm Bay
- County
- Brevard
- State
- Florida
- Longitude
- -80.6721
- Latitude
- 28.0319
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA