67 Emerson Dr, Palm Bay, FL 32907
This exceptional 10,019 square foot vacant lot presents a remarkable investment opportunity in the desirable Northwest Palm Bay area, specifically Unit 44. Located at 67 Emerson Drive NW, Palm Bay, FL 32907, this partially cleared lot boasts convenient access to city water and is situated on a well-maintained paved road. The surrounding area is characterized by recently constructed homes, indicating a thriving and growing neighborhood. The property's commercial and residential zoning allows for diverse development possibilities, catering to a range of investment strategies. Its prime location offers the added benefit of proximity to the beach, less than 30 minutes away, enhancing its appeal and potential for future appreciation. The asking price for this attractive parcel is $54,900. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. The property is easily accessible for viewing; feel free to drive by and assess its suitability for your investment goals. This is a rare opportunity to acquire a well-located lot in a rapidly developing area of Palm Bay, Florida.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.