Property profile

Palm Bay, FL 32909

OFF-MARKET
Medical Office Space
Property ID
US18-2052196
4,945 SF 0.14 ac lot Built 2007
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 2007
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,945 SF
Lot 0.14 ac (6,098 SF)
APN 29-37-19-RX-00000.0-0014.02
UPID US18-2052196

Cap rate & NOI

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

Location

Palm Bay, FL 32909
Palm Bay metro PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.24M
CAP Approach CAP
$955k
Comparable Approach Comparable
$756k
Blend (final) Blend
$1.34M

Owner & transaction history

since 2023
Last sale
$1.0M
1 recorded transaction
2023
$1.0M

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.5M +93.5%
Auto repair, garage $1.1M +39.6%
Office building $990,000 +25.3%

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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