Flex Space with
For Sale
Contact for pricing
1336 SW Malabar Road, Palm Bay, FL 32907
Commercial space offers parking and access to major thoroughfares for retail or professional operations.
Property Size3,200 SF
Price / SF$1.75
Days on Market84
Property Features for 1336 SW Malabar Road
General Information
Standard status
Active
Size
3,200 SF
Listing Agency:
Relentless Real Estate Co.
(321) 302-0763
Listed By:
Elaine Borkowski · License #3430692
(321) 258-3222
Source:
Startbrevardsearch
Added: Jul 25
Changed: Oct 6
Last Checked: Oct 14 at 10:56PM
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 Relentless Real Estate Co.
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Investment Insights
Based on property information with market context.
This flex space at 1336 SW Malabar Road provides a commercial setting suited to both retail and professional enterprises. The property includes parking and convenient access from major thoroughfares, supporting straightforward customer and business access. Its Palm Bay location places the center within Brevard County, Florida.
Key Highlights
- Flex space at 1336 SW Malabar Road, Palm Bay, FL 32907
- Parking available on site
- Access from major thoroughfares
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,643
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,860
$612.9K
Cap Rate 7%
$437,757
$437.8K
Cap Rate 9%
$340,478
$340.5K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$46.1K $14.40/SF
− Vacancy
−$2.3K −$0.72/SF
EGI
$43.8K $13.68/SF
− OpEx
−$13.1K −$4.10/SF
NOI
$30.6K $9.58/SF
Area
Palm Bay, FL
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,860
Cap Rate 7%
$437,757
Cap Rate 9%
$340,478
Alternative Uses
Best Use
Retail
$527.0K
$461.2K – $614.9K
NOI $36,893 @ 7.0% cap · market cap 658.80%
Second Best
Flex RnD
$466.8K
$408.4K – $544.6K
NOI $32,673 @ 7.0% cap · market cap 583.45%
Theoretical Best
Office A
$844.3K
$738.7K – $985.0K
NOI $59,098 @ 7.0% cap · market cap 1,055.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32907, FL
44,432
Population
17,761
Households
2.5
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
17.7 sq mi
ZIP Area
2,510
Density / Sq Mi
$71,827
Median Household Income
$36,498
Median Earnings
$1,693
Median Rent
$253,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Commercial space offers parking and access to major thoroughfares for retail or professional operations.
Where is this flex space located?
The property is located at 1336 SW Malabar Road Palm Bay, FL.
What are key features of this property?
This property features: Flex space at 1336 SW Malabar Road, Palm Bay, FL 32907; Parking available on site; Access from major thoroughfares
