Multi-Tenant Office Building with
For Sale
$5,950,000
5240 Babcock Street NE, Palm Bay, FL 32905
Nineteen office suites offer a range of configurations within a landscaped, masonry-built complex.
Property Size41,701 SF
Lot Size3.55 Acres
Price / SF$142.68
Days on Market128
Property Features for 5240 Babcock Street NE
General Information
Standard status
Active
Size
41,701 SF
Elevators
Yes
Lot size
3.55 Acres
Property subtype
Industrial
Additional Details
Asking Price
$5,950,000
Office Units
19
Property Use
Office
Taxes and HOA fees
Annual Taxes
$42,650
Amenities
multiple entrances
thermal glass
professional landscaping
Building Details
Building Size
41,701 SF
Year Built
1986
Buildings
1
Stories
3
Construction
masonry
Listing Agency:
Charles A. Von Stein, Inc
Listed By:
Kirk Von Stein
(772) 778-4885
Source:
Inthehomezonerealty
Added: Jun 24
Changed: Oct 26
Last Checked: Oct 26 at 10:15AM
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 Charles A. Von Stein, Inc
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Investment Insights
Based on property information with market context.
Babcock Professional Center is a three-story office property with 19 units ranging from 358 to 5,426 square feet. The 3.55-acre site includes elevator service, several building entrances, masonry construction, thermal glass and professional landscaping. Built in 1986, the complex provides a range of office suite sizes in a single property.
The property occupies the signal-controlled intersection of Babcock Street and Port Malabar Boulevard in Palm Bay. Retail, medical, restaurant, defense, aviation and technology employers are identified in the surrounding submarket.
The property occupies the signal-controlled intersection of Babcock Street and Port Malabar Boulevard in Palm Bay. Retail, medical, restaurant, defense, aviation and technology employers are identified in the surrounding submarket.
Key Highlights
- 19 office units spanning 358 to 5,426 square feet
- 3.55‑acre property at Babcock Street and Port Malabar Boulevard
- Three‑story building with elevator access and multiple entrances
Property Analytics
Who owns this building?
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Current Use
Lease Details
19
Office units
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Nineteen office suites offer a range of configurations within a landscaped, masonry-built complex.
Where is this office building located?
The property is located at 5240 Babcock Street NE Palm Bay, FL.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: 19 office units spanning 358 to 5,426 square feet; 3.55‑acre property at Babcock Street and Port Malabar Boulevard; Three‑story building with elevator access and multiple entrances
