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1450 Treeland SE Blvd Palm Bay, FL 32909-2211

OFF-MARKET Office buildings Google Maps
14,091 SF 1.81 ac lot Built 1998
Entity Owned Free & Clear
Estimated value (blended)
$1.11M
Range $995k – $1.22M (±10%)
Property ID US18-5859925

Property summary

AI-generated overview

This Palm Bay, Florida industrial property offers 13,745 square feet of versatile space ideal for flex, manufacturing, or R&D uses. Situated on a 1.81-acre lot, the complex features a 20-foot clear height ceiling in approximately 9,530 square feet of manufacturing space (non-HVAC). The property also includes approximately 4,215 square feet of office space with seven perimeter offices, reception, and a conference room, plus a 1,200 square foot mezzanine break area. The building boasts exceptional power capacity, including an exterior 250KVA 480 3-phase transformer, and is secured with perimeter fencing. Ample parking is provided with 37 spaces. Utilities include natural gas service. Conveniently located, the property is approximately 1.5 miles from I-95, 1.3 miles from Malabar Road, 35 miles from Port Canaveral, and 65 miles from Orlando International Airport. The property is zoned L1. The asking price is $2,300,000, with a price per square foot of $167.33. The APN is 29-37-09-MY-3042-4. This property presents a unique opportunity for businesses seeking a well-equipped and strategically located industrial facility in Brevard County.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,091 SF
Lot 1.81 ac (78,844 SF)
Zoning code LI
APN 29-37-09-MY-03042.0-0004.00
UPID US18-5859925

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.29M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.61M
Blend (final) Blend
$1.11M

Owner & transaction history

since 2026
Last sale
$1.1M
5 recorded transactions
2026
$2.0M
2023
$755,000
2023
$1.1M
2018
$800,000
2004
$1.5M

Zoning & alternative use

LI · Palm Bay, FL
Zoning description

The purpose of this district is to accommodate light manufacturing, warehousing, distribution, wholesaling and other light industrial uses.

General category INDUSTRIAL

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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