8576 Horseshoe Ave Palm Bay, FL 32909
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.
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.