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Property profile & analytics
OFF-MARKET Estimated value $1,240,000
Office buildings

1450 Treeland SE Blvd Palm Bay, FL 32909-2211

14,091 SF 1.81 ac lot Built 1998
Entity Owned Free & Clear
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
Implied cap rate, NOI & suggested price
Cap 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
$1.24M
Owner & transaction history
Elliott Farm Partnership
Elliott Farm Partnership
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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

Zone name Light Industrial And Warehousing
General category INDUSTRIAL
Zone area 1,662.68 ac
Source Realmo
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