Property profile

5240 Hwy 1st 1 Palm Shores, FL 32940

OFF-MARKET
Bars & Pubs
Property ID
US18-5900462
588 SF 0.43 ac lot Built 2010
Individually Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 2010
Construction WOOD
Total area 588 SF
Lot 0.43 ac (18,731 SF)
Zoning code C2
APN 26-37-30-01-0000A.0-0003.00
UPID US18-5900462

Cap rate & NOI

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

Location

5240 Hwy 1st 1 Palm Shores, FL 32940-7216
Palm Shores metro Census 64127 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$140k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k

Owner & transaction history

since 2021
Last sale
$126,000
4 recorded transactions
2021
$126,000
2019
$1,000
2004
Price N/A
2001
Price N/A

Zoning & alternative use

C2 · Palm Shores, FL
Zoning description

The provisions of the C-2 District are intended to apply to an area intended to be developed and preserved as a major commercial center serving the commercial needs of the community and the region. The types of uses and…

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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