1922 NE Palm Bay Road Palm Bay, FL 32905
Commercial Sale, Other - Palm Bay, FL
Property Features for 1922 NE Palm Bay Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Parking
- 33
- Standard status
- Active
- Lot size
- 1.15 Acres
Building Details
- Year built
- 2026
- Flooring type
- Concrete
- Roof type
- Metal
- Architectural style
- Other
Listing agent Richard Angelo Bettencourt (772) 643-0889
Listing office Engel & Völkers Hutchinson Island 4007 N. A1A, Hutchinson Island, FL (772) 410-4155
Listing date May 7, 2026
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located on NE Palm Bay Road in Palm Bay, FL, where the remarks cite heavy traffic counts. The tenancy and layout may accommodate build-to-suit scenarios for an end user or a multi-tenant configuration.
Underwriting details are available upon request.
Key Highlights
- Free‑standing 10,000 sq ft new build.
- Build‑to‑suit opportunity for end‑user or multi‑tenant configuration.
- Potential for 10 retail bays with vanilla shell finish.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $180.0k | $18.00 |
| − Vacancy | −$15.3k | −$1.53 |
| EGI | $164.7k | $16.47 |
| − OpEx | −$49.4k | −$4.94 |
| NOI | $115.3k | $11.53 |
Alternative Uses
Property Analytics
Current Use by Public Records
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