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    OFF-MARKET
    Commercial real estate

    67 Emerson Dr, Palm Bay, FL 32907

    Property ID
    US18-8923575
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US18-8923575
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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