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    Flex Industrial Unit with Office Title is generated by Realmo AI

    107-1320 Clearmont St Ne, Palm Bay, FL 32905

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    For Sale
    $249,000

    Flex industrial unit offers an office entry plus a large warehouse bay with overhead and pedestrian access.

    Property size:
    1,200 SF
    Price / SF:
    $207/SF
    Added:
    Jan 15, 2026
    Days on Market:
    164
    Last Refresh:
    Jun 25 at 8:23 pm

    Property Features for 107-1320 Clearmont St Ne

    General Information

    Standard status
    Active
    Size
    1,200 SF

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    Brent K Thompson

    Listing office Waterman Real Estate, Inc.

    Listing date Jan 15, 2026

    Source Exprealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Waterman Real Estate, Inc.

    HighLights

    • Commercial unit offers office/reception entry, plus a large warehouse bay with overhead and pedestrian access
    • Side‑by‑side configuration: 2 units are available and may be purchased individually or together
    • Can be combined: there is mention of taking out a section to make 1 very large unit
    • Office area includes reception when you walk in, two additional rooms, and a bathroom; all are under air
    • Warehouse includes a 12 x 10 overhead bay door and a pedestrian door
    • Tons of parking and outside area for customers or other uses

    Overview

    This for-sale flex industrial unit includes an office or reception area at entry, plus two additional interior rooms with a bathroom, all under air. The main warehouse bay opens to a large, flexible interior with potential for additional climate control, and it includes a back 12 x 10 overhead bay door for loading. A separate pedestrian door supports everyday access. The layout is configured as one unit within a pair, with the option in the future to combine space by taking out a section to create a larger single bay area.

    The property is located at 107-1320 Clearmont St NE in Palm Bay, FL, described by the owner as being right beside L3 Harris for exposure. The listing also notes plenty of parking and outside area suitable for customers or operational needs.

    For buyers seeking a light industrial or flex setup, the combination of an entry office/reception and back warehouse access can support a range of uses that benefit from customer-facing space alongside a workable main bay. With overhead and pedestrian doors already in place, the unit is positioned for tenants and operators that need straightforward receiving and day-to-day site access.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $25.9k $21.60
    − Vacancy −$4.1k −$3.46
    EGI $21.8k $18.14
    − OpEx −$5.4k −$4.54
    NOI $16.3k $13.61
    1,200 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $233.3K
    $204.1K – $272.2K (±1% cap)
    NOI $16,330 @ 7.0% cap · market cap 6.56%
    Second Best
    Warehouse
    $183.7K
    $160.7K – $214.3K (±1% cap)
    NOI $12,858 @ 7.0% cap · market cap 5.16%
    Theoretical Best
    Office A
    $316.6K
    $277.0K – $369.4K (±1% cap)
    NOI $22,162 @ 7.0% cap · market cap 8.90%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.605541
    Latitude
    28.030029

    FAQs

    What type of property is this?
    Flex space - Flex industrial unit offers an office entry plus a large warehouse bay with overhead and pedestrian access.
    Where is this flex space located?
    The property is located at 107-1320 Clearmont St Ne Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: Commercial unit offers office/reception entry, plus a large warehouse bay with overhead and pedestrian access; Side‑by‑side configuration: 2 units are available and may be purchased individually or together; Can be combined: there is mention of taking out a section to make 1 very large unit
    More about this property
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