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Property profile & analytics
FOR LEASE
Truck terminals

2161 Franklin Dr NE Palm Bay, FL 32905

6,560 SF 1.61 ac lot Built 2017
Entity Owned 9-yr Hold Free & Clear
Property ID
US18-6536612
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 2017
Construction STEEL FRAME
Total area 6,560 SF
Lot 1.61 ac (70,132 SF)
Zoning code LI
APN 28-37-22-FN-00003.0-0011.00
UPID US18-6536612
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
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
$634k
Blend (final) Blend
$525k
Owner & transaction history
Sei Franklin Properties LLC · 9 yrs held
Sei Franklin Properties LLC
since 2017
2 recorded transactions
2017
Price N/A
2014
$33,500
Zoning & alternative use
LI · Palm Bay, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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