This Retail Property is no longer advertised on LoopNet.com.

4707 Babcock St NE
Palm Bay, FL 32905
Palm Bay Plaza · Retail Property For Sale

Investment Highlights

  • Publix Anchored Center priced well below replacement cost. Publix has been operating from this site since 1981.
  • Costar Market Asking Rent Per Area - Overall reflect $19.12 PSF. Overall Market Vacancy per Costar is 4.4%.
  • Proforma CAP rate of 11.19% - $15NNN Proforma on the Vacant units including $4.75M in projected CAPEx.

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
135,049 SF
Building Class
C
Year Built/Renovated
1979/2000
Percent Leased
37%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
6.30 AC
Zoning
CC - A Community Commercial District, which is intended to establish areas for community commercial facilities
Parking
156 Spaces (2.84 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
28-37-22-00-00503.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,700,340
  • Listing ID: 33223817

  • Date on Market: 9/18/2024

  • Last Updated:

  • Address: 4707 Babcock St NE, Palm Bay, FL 32905

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