1470 Treeland BlvdPalm Bay, FL 32909
- Office properties
- 36,747 SF
Property Details for 1470 Treeland Blvd
- Year built
- 1995
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.70 AC
- Property size (Sq ft)
- 36,747 SF
- Zone code
- LI
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 29-37-09-MY-03042.0-0005.00
- APU
- 293709MY030420000500
Description
This vacant, 35,793-square-foot industrial property in Palm Bay, Florida, is offered for sale at $4,200,000 ($117.34/SF). Located at 1470 Treeland Blvd SE, 32909, this Class B building sits on a 3.7-acre lot and boasts a versatile layout ideal for various uses, including flex, research & development, and manufacturing. Built in 1995, the property features a combination of office space, lab space, and specialized areas, including SCIF rooms. Amenities include reception areas (front and back), multiple perimeter offices, eight restrooms, an administrative wing, a kitchen/break area, a conference room, 3-phase power, backup generators, and a fire sprinkler system. Ample parking is available, and the property enjoys a campus-like setting with walkways and landscaping. The property is zoned L I and benefits from a convenient location within the Foundation Research Park, providing easy access to I-95, Port Canaveral, and Melbourne Orlando International Airport. This turnkey facility presents a significant opportunity for businesses seeking a high-quality, well-equipped space in a desirable location. The property is currently vacant and ready for immediate occupancy. The APN is 29-37-09-MY-3042-5. Lease type is NNN.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $10,099,553
- 6.5%
- $9,322,664
- 7%
- $8,656,760
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,770,382
- Geo Method
- $5,770,382
-
Alternative Use
- Use
- Valuation
- Residential
- $11,560,104
- Hospitality
- $10,588,993
- Educational
- $8,809,918
- Medical
- $9,112,904
- Retail
- $13,704,316
Location Insight
- City
- Palm Bay
- County
- Brevard
- State
- Florida
- Latitude
- 27.9834
- Longitude
- -80.6294
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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