2161 Franklin Dr NE Palm Bay, FL 32905
For Lease
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This exceptional Palm Bay, Florida industrial property offers 12,250 square feet of versatile warehouse and flex space, ideally suited for a variety of businesses. The property boasts two single-story buildings, constructed in 2024, each featuring 22-foot clear ceiling heights, seven drive-in doors, and robust 3-phase power. Units are available from a minimum of 1,750 square feet up to the entire 12,250 square feet, providing flexibility for both smaller and larger tenants. The light industrial zoning allows for diverse uses. Located at 2161 Franklin Dr NE, Palm Bay, FL 32905, this prime location in Brevard County offers easy access to I-95 and US Highway 1, ensuring convenient transportation and logistics. The 1.61-acre site provides ample space for loading, unloading, and potential future expansion. The property's modern design and features, including 14' bay doors, make it an attractive option for businesses seeking efficient and functional warehouse space. Office space can be built out to meet tenant requirements. This is a Class B property with a convenient location in the Palm Bay submarket. The APN is 28-37-22-FN-3-11.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LI · Palm Bay, FLPalm Bay. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.