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Property profile & analytics
OFF-MARKET
Office buildings
2685 Kirby NE Cir 101 Palm Bay, FL 32905-3403
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6724527
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,174 SF
Lot
2.37 ac (103,237 SF)
Zoning code
LI
APN
28-37-23-00-00103.0-0000.00
UPID
US18-6724527
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kirby Circle Warehouse Complex · 6 yrs held
Kirby Circle Warehouse Complex
since 2019
3 recorded transactions
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
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Palm Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Bay submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,430
Tax year 2023
Assessed value
$252,810
Assessed 2023
Previous assessed
$252,810
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$130,200
Assessed improvement
$122,610
Land market value
$130,200
Improvement market value
$122,610
Total market value
$252,810
Applied tax rate
34.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
4,174 SF
Lot
2.37 ac (103,237 SF)
Zoning code
LI
APN
28-37-23-00-00103.0-0000.00
UPID
US18-6724527
Jurisdiction
BREVARD
Zoning & alternative use
LI · Palm Bay, FLZoning LI · permitted uses
LI · Palm Bay, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · 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
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
2.37 ac
Current owner
From public records · entity-resolved
Kirby Circle Warehouse Complex
Individual
Free & Clear · 6 yrs held
Mailing address
626 OLD DIXIE HWY SW, VERO BEACH, FL 32962-4536
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2025
—
Kirby Circle Warehouse Complex LLC
—
Deed
related
$3,000,000 · Augustar Life Insurance Company
Nov 19, 2019
$3,700,000
Kirby Circle Warehouse Complex
Jpmo06-cibc16-repm Indl Portf
Grant Deed
—
Oct 11, 2017
—
Jpm06-cibc16-repm Indl Portfo
Portfolio Real Est Palm Coc
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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