Highway Commercial Office
For Sale
Contact for pricing
Pending
2550 Palm Bay Rd NE, Palm Bay, FL 32905
6,140 SF office building with 20 leasable units, including direct Palm Bay Road frontage and month-to-month occupancy.
Property Size6,140 SF
Days on Market141
Property Features for 2550 Palm Bay Rd NE
General Information
Standard status
Pending
Size
6,140 SF
Property subtype
Office
Zoning
Highway Commercial
Occupancy
80%
Site & Location
Traffic Count
18,740 vehicles/day
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Office Units
20
Building Details
Tenancy
Multi
Listing Agency:
Dreyer & Associates Real Estate Group
(321) 508-6422
Listed By:
Michael Dreyer · License #150185
Source:
Crexi
Added: Apr 11
Changed: Aug 13
Last Checked: Aug 28 at 5:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dreyer & Associates Real Estate Group
Investment Insights
Based on property information with market context.
A multi-tenant office building offering 20 leasable units in total, with 16 currently occupied and 4 vacant. The property’s unit configuration supports both smaller and larger office suites, and tenants are billed for electricity through separate meters. Lease rates referenced in the offering include water, trash, and CAM.
Located on the south side of Palm Bay Road on an actively traveled corridor between Route 1 and Interstate 95, the building provides approximately 127 feet of direct frontage along Palm Bay Road. The property is zoned Highway Commercial by the City of Palm Bay, with a Future Land Use designation of Commercial. The listing also notes that city water and sewer services are provided.
The majority of existing tenants have been in place for more than four years, and current tenancies are described as month-to-month terms.
Located on the south side of Palm Bay Road on an actively traveled corridor between Route 1 and Interstate 95, the building provides approximately 127 feet of direct frontage along Palm Bay Road. The property is zoned Highway Commercial by the City of Palm Bay, with a Future Land Use designation of Commercial. The listing also notes that city water and sewer services are provided.
The majority of existing tenants have been in place for more than four years, and current tenancies are described as month-to-month terms.
Key Highlights
- 6,140 SF office building on Palm Bay Road with approx. 127 ft of direct frontage on a heavily traveled corridor
- 20 leasable office units: 16 occupied and 4 vacant; existing tenants on month‑to‑month terms
- Lease rates of $325/120 SF and $450/240 SF; rent includes water, trash, and CAM; tenants pay electricity via separate meters
Property Analytics
Property Profile
Current Use
Lease Details
20
Office units
18,740 VPD
Traffic count
80%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
516
Businesses Nearby
Explore this area
Business Placement
Demographics for 32905, FL
26,064
Population
12,635
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
91%
High-School Grad
9.7 sq mi
ZIP Area
2,687
Density / Sq Mi
$56,671
Median Household Income
$31,688
Median Earnings
$1,361
Median Rent
$206,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 6,140 SF office building with 20 leasable units, including direct Palm Bay Road frontage and month-to-month occupancy.
Where is this office units located?
The property is located at 2550 Palm Bay Rd NE Palm Bay, FL.
What are key features of this property?
This property features: 6,140 SF office building on Palm Bay Road with approx. 127 ft of direct frontage on a heavily traveled corridor; 20 leasable office units: 16 occupied and 4 vacant; existing tenants on month‑to‑month terms; Lease rates of $325/120 SF and $450/240 SF; rent includes water, trash, and CAM; tenants pay electricity via separate meters
