1470 Treeland BlvdPalm Bay, FL 32909

  • Office properties
  • 36,747 SF
For Sale
$4,200,000 View listing

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
1470 Treeland Blvd, Palm Bay, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$50,936
$402,930
$2,330,230
$2,733,160
-
$402,930
$2,330,230
$2,733,160

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].