Commercial Real Estate in Palm Bay – Page 2 | Reonomy

Commercial Real Estate in Palm Bay – Page 2

Unlock property data on 37,632 commercial properties in Palm Bay. Search through Palm Bay property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Palm Bay commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Palm Bay commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Florida Palm Bay
Average price/sqft $945 $795 $981
Average sold price $1,051,559 $743,148 $109,453
Median sold price $197,877 $163,291 $15,836
Number of sales 3,311,016 370,456 4,228
Number of sales over $250k 1,405,142 139,644 467
Number of sales over $1m 316,433 29,970 36
Number of sales over $10m 42,830 4,472 --
Average total tax amount $7,047 $4,443 $906
Average assessed value $252,071 $200,248 $23,396
Average market value $355,894 $221,665 $25,252

Palm Bay commercial real estate property averages

Property averages United States Florida Palm Bay
Average lot size 815,813 sf 321,295 sf 45,941 sf
Median lot size 24,444 sf 13,400 sf 10,019 sf
Average building area 1,078 sf 1,670 sf 123 sf
Median building area 77 sf 99 sf 96 sf
Median year built 1970 1983 1986
Average number of units 16 16 7
Median number of units 2 2 --

Palm Bay commercial real estate total supply

Supply United States Florida Palm Bay
Number of parcels 58,466,290 3,087,052 37,643
Aggregate lot acerage 1,005,539,896 17,577,896 31,769
Aggregate building area 8,055,243,770 sf 926,324,751 sf 188,141 sf
Aggregate units 90,000,916 6,924,803 13,438

Palm Bay commercial real estate industrial mortgages

Debt United States Florida Palm Bay
Number of mortgages 41,923,137 2,605,682 20,568
Average value of mortgages $5,197,256 $4,141,785 $6,083,201

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