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Property profile & analytics
OFF-MARKET
Office Spaces

2000-2040 Palm Bay Rd Palm Bay, FL 32905

17,760 SF 1.86 ac lot Built 1978
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 17,760 square foot, multi-tenant commercial property situated in the thriving Palm Bay submarket of Brevard County, Florida. The property, known as Arlington Shopping Plaza, comprises three single-story buildings totaling 17,760 square feet on a 1.86-acre lot. Currently, 740 square feet of retail/office space is available for lease within this 24-unit shopping center. The buildings boast new metal roofs installed in 2022 and underwent a complete renovation in 2021 or earlier. Conveniently located on Palm Bay Road, the plaza offers easy access to US Highway One and Interstate-95, enhancing its visibility and accessibility. Two entrances on Palm Bay Road provide ample access for customers and tenants. Ample parking is available, with spaces located in front of each storefront and additional parking centrally located within the three buildings. The property is zoned Community Commercial and features the APN 28-37-22-00-00750.J-0000.00. Built in 1978, this property offers a blend of established presence and modern updates, making it an attractive option for businesses seeking a well-maintained and strategically located space in Palm Bay, Florida. The address is 2000-2040 Palm Bay Rd NE, Palm Bay, FL 32905.

Property profile
Verified
Property type Office Spaces
Year built 1978
Total area 17,760 SF
Lot 1.86 ac (81,022 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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