Financial
Distress signals
Property profile

2280 Wilhelmina Ct Palm Bay, FL 32905

FOR LEASE
Truck terminals
Property ID
US18-6085187
69,880 SF 5.78 ac lot Built 1975
Last sale May 2006 · $4,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of warehouse space available as individual units or as a combined facility totaling approximately 44,750 square feet, including an estimated 21,000-square-foot unit and an estimated 23,750-square-foot unit. Both units are equipped with a 100% wet fire sprinkler system and have concrete floors, with ceiling heights ranging from approximately 23 to 27 feet measured from the floor to the steel beam. Loading features include a combination of grade-level doors and deep-well

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$67k
Tax billed · 2023
Assessed value$4.30M
Assessed land$415k
Assessed improvement$3.89M
Effective rate1.56%

Value estimate

· Sep 2026
$4.43M
$3.98M – $4.87M
Submarket $/SF estimate$4.03M
NOI build-up
Gross scheduled income$302k
Vacancy & credit loss−$15k
Operating expenses−$86k
NOI · 2,021,065.33% cap applied$201k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$120/SF
Submarket average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$65 – $178

Cap rate analysis

How does the asset earn?
2,021,065.33%
$201k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
H1
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.4
Law Firm15.0
Convenience Store9.7

Location

2280 Wilhelmina Ct Palm Bay, FL 32905
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1875 Robert J Conlan NE, Palm Bay, FL 32905-3409 $4,100,000 Jun 2024 11,702 SF
2575 Doreatha Flds NE, Palm Bay, FL 32905-2666 $2,750,000 Dec 2022 10,366 SF
2600 Kirby NE, Palm Bay, FL 32905-3433 $700,000 Jan 2022 12,800 SF
2730 Kirby NE, Palm Bay, FL 32905-3441 $10,000,000 Aug 2021 103,198 SF
1980 Palm Bay NE, Palm Bay, FL 32905-2980 $380,500 Feb 2021 8,760 SF
2620 Kirby NE, Palm Bay, FL 32905-3404 $1,350,000 Aug 2020 23,956 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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