Technical
Financial
Distress signals
Property profile

980 Cadillac Dr Palm Bay, FL 32905

OFF-MARKET
Land
Property ID
US18-8720520
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Property summary

AI-generated overview

This exceptional .43-acre commercial lot, located at 980 Cadillac Drive NE in Palm Bay, Florida, presents a rare opportunity. Boasting 18,730.8 square feet, this property offers unparalleled privacy, nestled next to government land on two sides. The tranquil setting includes wetlands, providing a unique natural environment with abundant marine and wildlife viewing opportunities. City water, sewer, and electric services are readily available, simplifying development. The building approval process has already commenced, allowing a seamless transition for the new owner. A completed Environmental Impact Assessment Report and survey are accessible upon request, streamlining the construction process. Enjoy convenient access to the Indian River, and benefit from the close proximity to parks, beaches, shopping, dining, medical facilities, major employers, and I-95. This property in Brevard County, zip code 32905, is priced competitively at $50,000 and represents a significant investment potential in a desirable location. The latitude and longitude coordinates are 28.020735, -80.590662 respectively.

Property profile

Verified
Property type Land
UPID US18-8720520

Cap rate & NOI

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

Location

980 Cadillac Dr Palm Bay, FL 32905
Palm Bay metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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