BP Branded Self Storage &
For Sale
Contact for pricing
4510 Babcock Street NE, Palm Bay, FL 32905
Stabilized self-storage facility with a BP-branded gas station, offering climate-controlled and non-climate units plus RV/car parking.
Property Size43,525 SF
Lot Size4.60 Acres
Days on Market121
Property Features for 4510 Babcock Street NE
General Information
Standard status
Active
Size
43,525 SF
Total Parking Spaces
22
Lot size
4.60 Acres
Property subtype
Self Storage
Additional Details
Business Included
Yes
Amenities
climate controlled units
Building Details
Year Built
2007
Listing Agency:
Marcus & Millichap - Columbus
(614) 360-9800
Listed By:
Nathan Coe · License #OH 2015003418
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 12:06AM
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 Marcus & Millichap - Columbus
Investment Insights
Based on property information with market context.
This offering combines a stabilized self-storage facility with a well-operating, BP-branded gas station, sold together as one property. The storage component features 344 climate-controlled units and 59 non-climate units, totaling 40,325 net rentable square feet. The property also provides 22 parking spots for RVs and cars, which are currently full with a wait list. The gas station includes a 3,200-square-foot building and operates under the BP brand.
The facility is on a hard corner located between Interstate-95 and Indian River and the Intracoastal Waterway. The site is served by a new traffic light being installed directly in front of the facility at the corners of Babcock Street and Sunlake Road. A 160-unit multi-family development is currently under construction across the street, slated to open in November, with an additional 250-unit apartment complex proposed on the opposite side.
The property was built in 2007 and sits on 4.6 acres. There are four years remaining on the BP contract, providing options for an investor to continue with the brand or re-develop the site and expand the self-storage business.
The facility is on a hard corner located between Interstate-95 and Indian River and the Intracoastal Waterway. The site is served by a new traffic light being installed directly in front of the facility at the corners of Babcock Street and Sunlake Road. A 160-unit multi-family development is currently under construction across the street, slated to open in November, with an additional 250-unit apartment complex proposed on the opposite side.
The property was built in 2007 and sits on 4.6 acres. There are four years remaining on the BP contract, providing options for an investor to continue with the brand or re-develop the site and expand the self-storage business.
Key Highlights
- Stabilized self‑storage facility and BP‑branded gas station sold together at 4510 Babcock Street NE, Palm Bay, FL 32905
- Includes 344 climate‑controlled units and 59 non‑climate‑controlled units totaling 40,325 net rentable SF
- RV and car parking (22 spaces) is full and has a wait list
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
842
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 Industrial in South region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Stabilized self-storage facility with a BP-branded gas station, offering climate-controlled and non-climate units plus RV/car parking.
Where is this self storage facility located?
The property is located at 4510 Babcock Street NE Palm Bay, FL.
What are key features of this property?
This property features: Stabilized self‑storage facility and BP‑branded gas station sold together at 4510 Babcock Street NE, Palm Bay, FL 32905; Includes 344 climate‑controlled units and 59 non‑climate‑controlled units totaling 40,325 net rentable SF; RV and car parking (22 spaces) is full and has a wait list
