451 Riviera Dr NE - Churches FOR SALE


Palm Bay, FL 32905
$2,950,000 USD
904-504-6898
451 Riviera Dr NE, Palm Bay, FL for Sale
$2,950,000 USD
Churches - FOR SALE
1/16
null | Request Cap Rate

451 Riviera Dr NE
Palm Bay, FL 32905


HIGHLIGHTS

  • 451 Riviera Drive presents a 9.27-acre site with low-density residential possible.
  • The site is currently improved by an 11.762-square-foot steel building with vaulted ceilings.
  • The Port Malabar neighborhood of Palm Bay has a beautiful natural landscape and a small suburb with waterfront recreation.
  • Next to Port Malabar is an office for L3Harris Technologies Inc., a locally headquartered technology company with more than 7,000 employees.

OVERVIEW

451 Riviera Drive presents a prime institutional property with versatile potential in Palm Bay, Florida. Situated in the vibrant city of Palm Bay, Florida, this expansive 9.27-acre property presents a unique opportunity for institutional or residential development. The site features an 11,762-square-foot metal frame building with an enamel metal roof, offering a robust structure suitable for various uses. Currently zoned as IU (Institutional Use), the property aligns with the city's future land use designation of Low-Density Residential, providing flexibility for prospective developers.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$251 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

ADD'L SUBTYPES

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

9.27 AC

LAND SF

403,801 SF

ZONING

IU

APN/PARCEL ID

28-37-29-00-00004.0-0000.00

ASK ABOUT THIS PROPERTY

Mark BouchardONE Sotheby's International RealtyMore Info
904-504-6898

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Mark BouchardONE Sotheby's International RealtyMore Info
904-504-6898

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.