2720 Kirby Circle NE, Palm Bay, FL 32905
$2,925,000
Property Type:
Commercial Sale
Baths:
3
Square Footage:
17,482
Lot Size (sq. ft.):
77,537
Status:
Active
Current Price:
$2,925,000
List Date:
9/13/2025
Last Modified:
10/09/2025
Overview
Description
Listing Details MLS# 1057114
General Property Information
- Number Of Units Total
- 3
- Bathrooms Total
- 3
- Building Area Total
- 17482
- Year Built
- 2023
- Lot Size Acres
- 1.78
- Land Lease YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- List Price/SqFt
- 167.31
Property Features
Building Features:
Clear Span; Rear Access; Storage
Ceiling Type:
Exposed
Construction Materials:
Aluminum Siding
Current Use:
Industrial
Existing Lease Type:
NNN
Flooring:
Concrete
Listing Terms:
Cash; Conventional; Private Financing Available
Location:
Industrial Park
Lot Features:
Other
Parking Features:
Parking Lot
Sale Includes:
Building & Land
Sewer:
Public Sewer
Showing Requirements:
Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Tenant Pays:
Electricity
Utilities:
Electricity Connected; Sewer Connected; Water Connected
Water Source:
Public
Contract Information
- Original List Price
- 2995000
- Listing Contract Date
- 2025-09-13
- Property Sub Type
- Industrial
Location Tax and Legal
- Street Number
- 2720
- Street Name
- Kirby
- Street Suffix
- Circle
- Street Direction Suffix
- NE
- County
- Brevard
- State
- FL
- Postal Code
- 32905
- MLS Area Major
- 340 - NE Palm Bay
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- Excellent opportunity to purchase a 100% Occupied income producing multi-tenant warehouse in northeast Palm Bay! There are 11 Tenants, which total 17,482 SF. Each unit is individually metered for electric. Water is common and is included in the CAM. Est. 2025 NOI is $248,736 which is an 8.5% CAP. Property is 100% occupied. The leases are NNN structures. 2023 construction. Total of 45 10' x 10' +/- grade level doors. Interior has concrete flooring throughout. Clear height ranges 11' - 14' +/-. Utilities include City Water/Sewer and 3-phase FPL Electric. Property is strategically positioned just off of Palm Bay Road which is the primary area connector between Interstate 95, Babcock Street and US1. Surrounding employers include L3Harris, ABC Supply, Tibbetts Lumber and Leonardo DRS to name a few. Lots of schools, restaurants, healthcare and childcare in the area. Call today for details!
Status Change Information
- Major Change Timestamp
- 2025-10-09T17:24:45Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2025-10-09T17:24:45Z
- Status Change Timestamp
- 2025-09-13
More Information
Building Features
- Maximum Ceiling Height
- 14
- # Overhead Doors
- 45
- Overhead Door Height
- 10
- Clear Span
- Yes
- Rear Access
- Yes
- Storage
- Yes
Income and Expenses
- Net Operating Income
- 248736
Unit 1 Details
- Unit ID
- 2720
- Annual Rent
- Yes
- Unit SqFt
- 9850
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- Warehouse
Unit 2 Details
- Unit ID
- 2722
- Annual Rent
- Yes
- Unit SqFt
- 4032
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- Warehouse
Unit 3 Details
- Unit ID
- 2724
- Annual Rent
- Yes
- Unit SqFt
- 3600
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- Warehouse
Location, Tax, and Legal
- Tax Account
- 3019272
- Parcel Number
- 28-37-23-02-00000.0-0002.00
- General County Location
- South
- Tax Annual Amount
- 2871.4
- Tax Year
- 2023
- Directions
- Starting on Robert J. Conlan Boulevard turn east onto Kirby Circle. Property is located on the east side of Kirby Circle, just south of Taylor Avenue.
Construction Materials
- Aluminum Siding
- Yes
Current Use
- Industrial
- Yes
Flooring
- Concrete
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Private Financing Available
- Yes
Lot Features
- Other
- Yes
Parking Features
- Parking Lot
- Yes
Sewer
- Public Sewer
- Yes
Tenant Pays
- Electricity
- Yes
Utilities
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Appointment Only
- Yes
- Call Listing Agent
- Yes
- Listing Agent Must Accompany
- Yes
Ceiling Type
- Exposed
- Yes
Existing Lease Type
- NNN
- Yes
Location
- Industrial Park
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
The Ullian Realty Corporation
Last Updated: October - 09 - 2025
Information is deemed to be reliable, but is not guaranteed.