Skip To Content

2575 Doreatha Fields Avenue NE

Palm Bay, FL 32905
  • $2,987,000
  • STATUS: Active Under Contract
  • ON SITE: 209 Days
  • MLS #: 934186
Under Contract
UPDATED: 31 min ago
$2,987,000
  • 0
    BEDS
  • 3.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,734
    SQFT
  • $255
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1974
County:

School Information

Elementary School:
Middle School:
High School:

Description

Excellent opportunity to purchase a single-tenant income producing industrial property in the heart of Palm Bay!! Republic Services has a 10-Year Agreement with City of Palm Bay Commencing 6/1/20. Long Term NNN Lease with Escalators Every 2-Years. Estimated 2022 NOI is $179,220 which is approximately a 6% CAP. There are two buildings for a total of 11,734 SF. Exterior is approximately 3.41 acres of paved/fenced/cleared yard. New roofs on both buildings in 2020 (Techgum Deck Fastened to Trusses). Flexible City of Palm Bay Light Industrial Zoning allows Warehousing, Light Manufacturing, Outdoor Storage & More! Close proximity to US1, Palm Bay Road & Interstate 95. The Melbourne International Airport is approximately 15-minutes away.

Monthly Payment Calculator



© 2022 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Dalton Wade Real Estate Group are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Dalton Wade Real Estate Group.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-12-02T11:11:54.57.
www.daltonwade.com/homes/128430736
Print Image

2575 Doreatha Fields Avenue NE Palm Bay, FL 32905

  • Price: $2,987,000
  • Status: Active Under Contract
  • On Site: 209 Days
  • Updated: 31 min ago
  • MLS #: 934186
0
Beds
0
Baths
0
½ Baths
3.41
Acres
11,734
SQFT
$255
$/SQFT
1974
Built
Neighborhood:
340 - Ne Palm Bay
County:
Brevard
Area:
340 - Ne Palm Bay
Elementary School:
Palm Bay Elem
Middle School:
Stone
High School:
Palm Bay
Property Description
Excellent opportunity to purchase a single-tenant income producing industrial property in the heart of Palm Bay!! Republic Services has a 10-Year Agreement with City of Palm Bay Commencing 6/1/20. Long Term NNN Lease with Escalators Every 2-Years. Estimated 2022 NOI is $179,220 which is approximately a 6% CAP. There are two buildings for a total of 11,734 SF. Exterior is approximately 3.41 acres of paved/fenced/cleared yard. New roofs on both buildings in 2020 (Techgum Deck Fastened to Trusses). Flexible City of Palm Bay Light Industrial Zoning allows Warehousing, Light Manufacturing, Outdoor Storage & More! Close proximity to US1, Palm Bay Road & Interstate 95. The Melbourne International Airport is approximately 15-minutes away.
Exterior Features

Community Pool No Construction Concrete BlockFrame - Wood Exterior Finish Stucco Lot Description Paved StreetWest Of Us1 Parking Open Parking Pool No Private Pool No Roof Other Site Location Near RailroadPaved Street Style Other - Call Agent Waterfront Present No

Interior Features

Cooling Central Air Equipment And Appliances None Floor ConcreteVinyl Split Bedroom No Sq Ft Total 11734.00

Property Features

Docs On File Lease Expenses Include Other - Call Agent Financing CashConventional Fixer Upper No Multifamily Subtype Other - Call Agent Possession Closing Property Status Standard Rent Includes Other Source Of Measurement Tax Rolls Tax Amount 6973.28 Tax Year 2021 Utilities City WaterElectricity ConnectedSewer Connected Zoning Li

Listing provided courtesy of The Ullian Realty Corporation: (321) 729-9900.
© 2022 Space Coast Association of REALTORS®, Inc. All Rights Reserved.


© 2022 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Dalton Wade Real Estate Group are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Dalton Wade Real Estate Group.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-12-02T11:11:54.57.
 
https://bt-photos.global.ssl.fastly.net/spacecoast/orig_boomver_1_934186-2.jpg https://bt-photos.global.ssl.fastly.net/spacecoast/orig_boomver_1_934186-2.jpg https://bt-photos.global.ssl.fastly.net/spacecoast/orig_boomver_1_934186-2.jpg
Logo
Dalton Wade Real Estate Group
,
<-- Client Provided August 5 2020 -->