Multi-Tenant Professional Office
For Sale
$5,950,000
5240 Babcock Street NE, Palm Bay, FL 32905
Multi-tenant office complex with elevators and recent renovations, suited for professional users seeking versatile suite configurations.
Property Size41,701 SF
Price / SF$142.68
Days on Market90
Property Features for 5240 Babcock Street NE
General Information
Standard status
Active
Size
41,701 SF
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$42,651
Amenities
3
Parking.
Lot.
Other.
Building Details
Year Built
1986
Tenancy
Multi
Listing Agency:
Charles A. Von Stein, Inc
(772) 696-1082
Listed By:
Kirk Von Stein
(772) 696-1082
Source:
Xome
Added: May 27
Changed: Aug 23
Last Checked: Aug 21 at 11:24PM
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
Investment Insights
Based on property information with market context.
This multi-tenant professional office complex features an elevator and multiple entrances, supporting convenient building access for employees and visitors. The property has been recently renovated for a professional appearance, and it is complemented by landscaped exterior grounds.
The building is located in a high-growth submarket in south Brevard County. The surrounding area includes dense concentrations of national retail, office, medical, hospital, and restaurant uses, along with significant defense, aviation, and high-technology employers.
With its multi-tenant configuration, elevator service, and updated look, the property is well suited for organizations seeking a dedicated professional setting within a broader mix of services and major employment drivers. Multiple entrances can help streamline day-to-day traffic flow for different tenant needs.
The building is located in a high-growth submarket in south Brevard County. The surrounding area includes dense concentrations of national retail, office, medical, hospital, and restaurant uses, along with significant defense, aviation, and high-technology employers.
With its multi-tenant configuration, elevator service, and updated look, the property is well suited for organizations seeking a dedicated professional setting within a broader mix of services and major employment drivers. Multiple entrances can help streamline day-to-day traffic flow for different tenant needs.
Key Highlights
- Multi‑tenant professional office complex built in 1986
- Elevator served building with multiple entrances
- Recently renovated for a professional look
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
392
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office complex with elevators and recent renovations, suited for professional users seeking versatile suite configurations.
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: Multi‑tenant professional office complex built in 1986; Elevator served building with multiple entrances; Recently renovated for a professional look
