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Property profile & analytics
OFF-MARKET
Commercial real estate

8576 Horseshoe Ave Palm Bay, FL 32909

Property ID
US18-3095043
Property summary
AI-generated overview

This 110,207 square foot commercial and residential land parcel is located at 8576 Horseshoe Avenue, Palm Bay, Florida, 32909. Priced at $159,000, this 2.53-acre lot is situated in the desirable Deer Run community of South Brevard County. The property is zoned Agricultural (AU), allowing for one horse per acre. A drainage right-of-way easement canal is located at the rear of the property. Deer Run offers numerous community amenities, including tennis courts and a clubhouse/recreation room. Homes in the community have a minimum of 2,100 square feet of under-air living space. The property enjoys convenient access to major roadways, being approximately 8 miles from the Indian River and US Highway #1, and within a 20-minute drive of a Walmart Supercenter and Publix. An existing home is located directly across the street. Directions from I-95 Exit 173 include traveling east on Malabar Road (NE or SE), turning right onto S. Babcock Street, then south for 8.6 miles. Turn right onto Deer Run Road (.3 miles), right onto Cavalier Street (2.3 miles), left onto Buckskin Street (.6 miles), and finally right onto Horseshoe Avenue. The lot is on the left.

Property profile
Verified
Property type Commercial real estate
UPID US18-3095043
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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