Technical
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Property profile

0 Kirby Cir Palm Bay, FL 32905

OFF-MARKET
Land
2.93 ac lot
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Property summary

AI-generated overview

This exceptional 2.93-acre industrial land parcel in Palm Bay, Florida, presents a compelling investment opportunity. Zoned for City of Palm Bay Light Industrial (LI), this property offers diverse development potential, including warehousing, light manufacturing, outdoor storage, and automotive uses. Boasting an estimated 200-foot frontage on Kirby Circle NE and a depth of 638 feet, the site benefits from convenient access to city water, sewer, and FPL electric utilities. Located near the intersection of Kirby Circle NE and Robert J. Conlan Boulevard, this strategic location provides easy access to US1, Palm Bay Road, and Interstate 95, ensuring seamless connectivity to the region's amenities, including restaurants, childcare facilities, residential areas, and beaches. The property's proximity to major employers like L3Harris, Raytheon, Leonardo DRS, and UPS further enhances its appeal. Melbourne International Airport is a mere 15-minute drive away. 2022 property taxes totaled $4,010.14. The seller is open to considering financing options, subject to usage, contract terms, and buyer creditworthiness. The property's APN is 28-37-23-00-121. This prime location and versatile zoning make this an ideal site for establishing a thriving business. The asking price is $895,000.

Property profile

Verified
Property type Land
Lot 2.93 ac (127,631 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Kirby Cir Palm Bay, FL 32905
Palm Bay metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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