New Palm Bay Commercial Property and Land for Sale

Palm Bay is the busiest for-sale market in the county, and it runs on two things: land and net-lease investments. New Palm Bay commercial property for sale ranges from a 55,000 dollar lot to a 14 million dollar net-lease building. Here is what just listed, and I represent the buy side on any of it.

Net-lease investments

For passive investors, three corporate net-lease deals just came up. 2730 Kirby Circle is a UPS distribution building on a long-term net lease at 14 million, 5985 Babcock Street is a newer El Car Wash on a net lease at about 7.6 million, and 9179 Babcock Street is a corporate McDonald's ground lease at 2.8 million. All three are single-tenant, credit-backed income, so they trade on the tenant and term as much as the dirt.

Retail and centers

For a hands-on retail owner, 214 Emerson Drive NW is the Santa Ninfa Shopping Center at 1 million, and a confidential retail listing in the 32905 zip is offered at about 1.5 million. Multi-tenant retail in Palm Bay stays leased, so these are more owner-operator plays than pure passive income.

Industrial and flex

On the industrial side, 1411 Clearmont Street NE is the new-construction Palm Bay Flex Business Park, 28,800 square feet built in 2026, with pricing on request. 1480 Emerson Drive NE is a business, land, and office combination at 2.7 million for a user who wants room to grow.

Land

Palm Bay is still where you buy commercial dirt in Brevard. Larger parcels include 2102 Ladner Road NE, a mixed-use and senior-living site at 1.75 million, and 1853 Wabun Street NE, a multifamily land parcel at about 1.475 million. Smaller and more affordable, 6070 Minton Road NW is a land and office lot at 359,900, and two entry-level lots, 701 Delmonico Street NE at 79,500 and 1979 Thomasville Avenue SE at 54,900, are about as low as commercial land gets on the Space Coast.

RCRE Take

Palm Bay is the county's entry point. It is where a first-time investor buys a lot, where a net-lease buyer parks capital, and where a growing user finds affordable land to build on. The volume is real, but so is the range in quality, and a cheap lot is not always a good lot once you factor in wetlands and utilities. If any of these fit, I represent buyers across Palm Bay and can pressure-test the site before you commit.

See the rest of what we are tracking on our commercial listings page, and our buyer services if you want someone underwriting for you. If you are buying commercial property or land in Palm Bay, reach out before you sign anything. Call me at 321-514-0876, email cassandra@reachcommercialre.com, or reach the team at spacecoastcre.com/contact. Our office is at 909 E New Haven Ave, Suite 300, Melbourne.

Sources

• Crexi for-sale listings, Palm Bay: newly activated commercial for-sale listings pulled from Crexi, 2026-08-24. Prices and details are as listed; confirm on each listing page.

• 2730 Kirby Circle NE (UPS NNN): https://www.crexi.com/properties/2566531/florida-united-parcel-service-nyseups-florida

• 5985 Babcock Street NE (El Car Wash): https://www.crexi.com/properties/2671295/florida-el-car-wash-palm-bay-melbourne-msa-fl

• 9179 Babcock Street (McDonald's): https://www.crexi.com/properties/2624799/florida-mcdonalds-palm-bay-fl

• 214 Emerson Drive NW (Santa Ninfa Center): https://www.crexi.com/properties/2646666/florida-santa-ninfa-shopping-center

• Confidential retail (32905): https://www.crexi.com/properties/2570866/florida-confidential

• 1411 Clearmont Street NE (Flex Business Park): https://www.crexi.com/properties/2641412/florida-palm-bay-flex-business-park

• 1480 Emerson Drive NE: https://www.crexi.com/properties/2652772/florida-1480-emerson-drive-ne

• 2102 Ladner Road NE: https://www.crexi.com/properties/2647565/florida-2102-ladner-rd-ne-palm-bay-fl-32907-2584

• 1853 Wabun Street NE: https://www.crexi.com/properties/2606638/florida-palm-bay-multi-family-land

• 6070 Minton Road NW: https://www.crexi.com/properties/2633401/florida-6070-minton-road-nw

• 701 Delmonico Street NE: https://www.crexi.com/properties/2646064/florida-701-delmonico-street-ne

• 1979 Thomasville Avenue SE: https://www.crexi.com/properties/2608309/florida-1979-thomasville-avenue-se