Individually Owned Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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(Bike/Boat/Book/etc) Store Bar & Pub
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Restaurant
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Barber Shop
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of this district is to permit the development of commercial activities which offer a wide range of goods and services to the surrounding community primarily located at or near the intersection of arterial road…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CC · Palm Bay, FLThe intent of this district is to permit the development of commercial activities which offer a wide range of goods and services to the surrounding community primarily located at or near the intersection of arterial road…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The intent of this district is to permit the development of commercial activities which offer a wide range of goods and services to the surrounding community primarily located at or near the intersection of arterial road…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CC in Palm Bay, FL.
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