Property profile

748 Palm Bay NE Rd Palm Bay, FL 32905

OFF-MARKET
Drive through restaurants
Property ID
US18-4985576
2,263 SF 1.14 ac lot Built 2022
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2022
Construction WOOD
Total area 2,263 SF
Lot 1.14 ac (49,658 SF)
Zoning code CC
APN 28-37-20-50-0000H.0-0000.00
UPID US18-4985576

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

748 Palm Bay NE Rd Palm Bay, FL 32905-3755
Palm Bay metro Census 65131 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.86M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.60M

Owner & transaction history

since 2022
Last sale
$3.5M
2 recorded transactions
2022
$3.5M
2019
$1.4M

Zoning & alternative use

CC · Palm Bay, FL
Zoning description

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…

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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