Entity Owned Property summary
This exceptional mixed-use industrial property, located at 1500 Main St NE, Palm Bay, FL 32905, presents a compelling investment opportunity. The 12,000 square foot building, situated on a 0.55-acre corner lot, boasts two buildings and two stories. The property features approximately 6,720 square feet of finished space, including HVAC office space and warehouse area, plus an additional approximately 5,280 square feet of unfinished storage/attic space. The building includes three 9' wide x 7'… tall and one 9' wide x 10' tall grade-level doors, a concrete warehouse floor with approximately 8'6" ceiling height, and city water/sewer and FPL electric service. Currently 100% occupied with a single tenant, generating a monthly income of $7,000 and a 2024 estimated NOI of $64,000, representing a 5.57% capitalization rate. The lease is a modified type with a remaining term of 0.7 years, expiring July 31, 2025. The property is fully fenced and gated, mostly cleared, and partially paved. It is zoned City of Palm Bay Highway Commercial (HC), allowing for a variety of uses including contractor's office with outdoor storage, automotive, retail, and daycare. The property's prime location in northeast Palm Bay, near major employers like L3Harris, Leonardo DRS, Tibbetts Lumber, and ABC Supply, offers excellent access to Downtown Melbourne, Hammock Landing Mall, and area beaches. The APN is 28-37-24-25-18-7. This is a Class B property with private ownership. Do not disturb the occupant.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 11,800 SF
- Lot area
- 0.55 ac
- Year built
- 1977
- Stories
- 2
- APN
- 28-37-24-25-00018.0-0007.00
- Zoning
- HC
- Assessed value · 2023
- $587,450
- Annual tax · 2023
- $8,243
- Office Building
- Warehouse, Storage · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The intent of this district is to permit highway oriented businesses and regional scale facilities located along or near the intersection of major arterials and transportation nodes.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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