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All Florida Realty
Headquarters:
Port St. Lucie FL 34952
866-873-5289
4610 Babcock St NE,  Palm Bay FL, 32905 (Active)
$585,000
|
6,000 sqft
|
MLS# 658130
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Last Updated: 6/18/2013 9:56 PM
Description for 4610 Babcock St NE Palm Bay, FL 32905
An excellent investment opportunity with growth potential on busy Babcock Street in Palm Bay, Florida. This 6,000 sq ft building is currently leased and Pinch-a-Penny has been in this same location for over 20 years. The 1.56 acre site offers ample space at the rear of the building for additional development or expansion. Based on the listed price the current lease generates an annual net operating income over $46,000, a CAP rate of nearly 8%.
Price
$585,000
Lot 32 Ex N 890 Ft And S 100 F
Brevard
6,000 (approx)
658130
Active
Description
An excellent investment opportunity with growth potential on busy Babcock Street in Palm Bay, Florida. This 6,000 sq ft building is currently leased and Pinch-a-Penny has been in this same location for over 20 years. The 1.56 acre site offers ample space at the rear of the building for additional development or expansion. Based on the listed price the current lease generates an annual net operating income over $46,000, a CAP rate of nearly 8%.
Listing Information
Property Type: Other
1.56 Acres 6,000 (approx)
Lot 32 Ex N 890 Ft And S 100 F
City
City Sewer
220v Service
Retail
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
Handicap Parking, Paved Driveway
None
HC
In City, Main Street
Driving Directions
West side of Babcock Street North of Palm Bay Road.
Financial Considerations
28372100000130000000
$10,097
2012
Listing Price History

Palm Bay Real Estate

Palm Bay is located in Florida. Palm Bay, Florida 32905 has a population of  103,190.

The median household income in Palm Bay, Florida 32905 is $42,443. The median household income for the surrounding county is $48,718 compared to the national median of $50,935. The median age of people living in Palm Bay 32905 is 39.8 years.

Sales History
Tax Info
Listing Provided Courtesy Of: National Realty of Brevard
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Brevard County, Florida. Real estate listings held by brokerage firms other than Help-U-Sell are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Copyright 2011 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved.
Information is deemed reliable but is not guaranteed.

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