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3790 Dixie NE Hwy Palm Bay, FL 32905-2737

OFF-MARKET Office buildings Google Maps
7,394 SF 0.55 ac lot Built 2005
Individually Owned ~ Est. High Equity
Estimated value (blended)
$1.07M
Range $963k – $1.18M (±10%)
Property ID US18-5520428

Property summary

AI-generated overview

Discover two adjacent, first-floor office suites available for lease at the Riverview Professional Center, located at 3790 Dixie Hwy NE, Palm Bay, FL 32905. Each suite offers approximately 1,476 to 1,483 square feet of recently remodeled space, perfect for a variety of professional businesses. Both suites boast a reception area, four private offices, and a restroom. A significant advantage is the inclusion of a bonus garage in the rear, providing ample parking and potential for additional storage, with direct access from Suite B. The interior spaces are well-lit and offer a comfortable work environment. The building features pylon signage for excellent visibility. This prime location on Dixie Highway (US 1) offers easy access and is conveniently situated approximately 2.5 miles from downtown Melbourne, and within 5 miles of both the Melbourne Orlando International Airport and I-95 at Palm Bay Road. Ample parking is available for tenants and clients. These suites are ideal for businesses seeking modern, functional office space in a highly accessible location. The multiple tenancy structure allows for flexibility and potential for expansion.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,394 SF
Lot 0.55 ac (23,958 SF)
Zoning code HC
APN 28-37-13-FK-00000.0-0003.04
UPID US18-5520428

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate 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
$1.19M
Blend (final) Blend
$1.07M

Owner & transaction history

since 2026
6 recorded transactions
2026
$860,000
2015
$975,000
2004
Price N/A
2004
$65,000
2003
$35,000
2003
Price N/A

Zoning & alternative use

HC · Palm Bay, FL
Zoning description

The intent of this district is to permit highway oriented businesses and regional scale facilities located along or near the intersection of major arterials and transportation nodes.

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.8M +56.8%
Auto repair, garage $1.5M +37.9%
Retail stores $1.2M +6.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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