2720 Kirby Circle NE, Palm Bay, FL 32905

$2,850,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1057114

Property Type: Commercial Sale Baths: 3 Square Footage: 17,482 Lot Size (sq. ft.): 77,537 Status: Active

Current Price: $2,850,000 List Date: 9/13/2025 Last Modified: 5/08/2026

Overview

Description

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. 2026 NOI is $248,736. Property is 100% occupied. 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.

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: 163.02

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. 2026 NOI is $248,736. Property is 100% occupied. 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.

Status Change Information

Major Change Timestamp: 2026-05-08T18:48:07Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-08T18:48:07Z
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: May - 08 - 2026

Information is deemed to be reliable, but is not guaranteed.