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530 Thor Avenue, Palm Bay, FL 32909

1.59

ACREAGE

$500,000

LISTING PRICE

Unimproved Land

TYPE

Road Surface: N/A

MLS#: 1009511


Status: Active

For More Information Call:

321-255-4242

Property Details

Calling all investors and owner-users! Don't miss out on this incredible chance to own prime commercial land in the thriving market of Palm Bay. With the local population booming, the demand for commercial properties is on the rise. This property offers 1.59 acres of upland space complete with water and sewer services. Boasting 345' of frontage on Martin and 100' on Thor Ave., it provides convenient access from both sides. The potential uses for this property are endless. Investors could capitalize by constructing metal buildings and dividing them into warehouses for lucrative rental income. Owner-users, on the other hand, can utilize a portion of the property while leasing out the rest for additional revenue streams. Comprising two parcels: one approximately 0.52 acres on Thor Ave. and the remainder approximately 1.07 acres--there's flexibility for potential buyers. The seller may also entertain offers for individual parcels, with possible price adjustments. call if you don't need 2


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This listing is courtesy of M. David Moallem, Inc. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

  • Acreage1.59
  • Area342 - Malabar/Grant-Valkaria
  • CityPalm Bay
  • CountyBrevard
  • DirectionsFrom I-95 exit 173 go East on Malabar Rd. Right on Babcock, Left on Convair St. Right on Martin the property will be on left before the last curve
  • General County LocationSouth
  • Legal DescriptionPORT MALABAR UNIT 40 LOTS 9 & 11 BLK 1991
  • List Price/Acres$314,465.41 / acre
  • Listing ID1009511
  • Listing StatusActive
  • Lot DimensionsIrregular
  • Property TypeVacantland
  • State/ProvinceFL
  • StatusActive
  • Status Change DateMonday, April 1st, 2024
  • Street NameThor
  • Street Number530
  • Street SuffixAvenue
  • Sub TypeUnimproved Land
  • SubdivisionPort Malabar Unit 40
  • Suffix DirSE
  • Tax Year2023
  • Taxes$2,638.98
  • UnBranded Virtual TourClick Here
  • WaterfrontNo
  • Zip Code32909
  • ZoningCommercial

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