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Property profile & analytics
OFF-MARKET Estimated value $2,130,000
Truck terminals

1720 Main NE St Palm Bay, FL 32905-3427

33,600 SF 1.72 ac lot Built 1973
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-4467482
Property summary
AI-generated overview

This exceptional 32,000 square foot industrial property in Brevard County offers a prime opportunity for businesses seeking flexible space. Currently, 10,546 contiguous square feet are available for lease on a triple net (NNN) basis, with a CAM rate of $3.00 per square foot. The available space is ideally configured as a blend of office and warehouse space, featuring approximately 2,779 square feet of office/showroom area and 7,767 square feet of warehouse space. A bonus 1,006 square foot mezzanine is also included, though not factored into the total square footage. The space boasts a 20-foot ceiling height, enhancing storage and operational efficiency. Loading is facilitated by two 14x14 overhead doors and two 12x12 overhead doors; some are currently blocked but can be reopened to suit tenant requirements. Four bathrooms are conveniently located within the suite. The property sits on a 1.72-acre lot and is zoned LI, making it suitable for manufacturing, warehouse, distribution, R&D, and flex uses. The entire building consists of a single suite, providing a unique opportunity for a single tenant to occupy the entire space. This versatile property is perfect for a variety of businesses seeking a functional and well-equipped industrial space in a desirable location.

Property profile
Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1973
Construction STEEL FRAME
Total area 33,600 SF
Lot 1.72 ac (74,923 SF)
Zoning code LI
APN 28-37-24-25-00000.0-000G.02
UPID US18-4467482
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.89M
Blend (final) Blend
$2.13M
Owner & transaction history
Palm Bay Industrial Equities LLC · 4 yrs held
Palm Bay Industrial Equities LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
LI · Palm Bay, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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