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Financial
Distress signals
Property profile

6050 Babcock St Southeast Palm Bay, FL 32907

FOR LEASE
Strip malls
Property ID
US18-5997747
22,457 SF 4.02 ac lot Built 1986
Last sale Aug 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This office space is located at the southwest corner of Malabar and Babcock, near I-95, and is designed for convenient access with three entrances and ample on-site parking. The listing describes suites 16A and 19 as providing a combined 5,082 square feet, configured with an office area, a large open room, multiple work rooms and offices, and multi-stall restrooms. The interior layout is arranged to support a range of office or service uses, including configurations such as a children’s play room, a large technology-oriented office, or a banquet-style space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$41k
Tax billed · 2023
Assessed value$2.20M
Assessed land$708k
Assessed improvement$1.49M
Effective rate1.85%

Value estimate

· Oct 2026
$2.57M
$2.31M – $2.83M
Submarket $/SF estimate$3.25M
NOI build-up
Gross scheduled income$12k
Vacancy & credit loss−$2k
Operating expenses−$3k
NOI · 65,208.33% cap applied$8k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$137/SF
Submarket average, outlier-cleaned · 75 recorded sales of this use type
Observed band · Q1–Q3$72 – $218

Cap rate analysis

How does the asset earn?
65,208.33%
$8k 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?
CC
The intent of this district is to permit the development of commercial activities which offer a wide range of goods and services to the s...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.5
Realty agency16.5
Dental Office15.0

Location

6050 Babcock St Southeast Palm Bay, FL 32907
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

17 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
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?”
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