Build-to-Suit Industrial Shell
For Sale
$6,800,000
1510 Southwest Poma Drive, Palm City, FL 34990
New build-to-suit 28,800 SF industrial shell includes precast concrete walls and designated outdoor storage areas.
Property Size28,800 SF
Price / SF$236.11
Days on Market218
Property Features for 1510 Southwest Poma Drive
General Information
Standard status
Active
Size
28,800 SF
Property subtype
Industrial
Zoning
PUD
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Building Details
Building Size
28,800 SF
Construction
precast concrete
Listing Agency:
SLC Commercial Realty & Development
Listed By:
Tyler Raynes · License #BK3419374
(772) 418-1946
Source:
Slccommercial
Added: Mar 17
Changed: Oct 1
Last Checked: Oct 19 at 5:20AM
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 SLC Commercial Realty & Development
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Investment Insights
Based on property information with market context.
This build-to-suit industrial shell building is offered as a 28,800 SF structure with precast concrete wall construction. The site also includes designated outdoor storage areas, providing space for operational staging or equipment storage. The property is zoned PUD, supporting a broad range of industrial and manufacturing uses.
Located in Palm City, Florida, the site is described as approximately 3 miles from I-95, with access to the wider regional market. The property is also stated to be within 45 minutes of Palm Beach County and Palm Beach International Airport.
Offered as a shell, the building configuration is intended to support tenant-specific improvements under a build-to-suit approach within the existing industrial and manufacturing zoning framework.
Located in Palm City, Florida, the site is described as approximately 3 miles from I-95, with access to the wider regional market. The property is also stated to be within 45 minutes of Palm Beach County and Palm Beach International Airport.
Offered as a shell, the building configuration is intended to support tenant-specific improvements under a build-to-suit approach within the existing industrial and manufacturing zoning framework.
Key Highlights
- Build‑to‑suit 28,800 SF shell industrial building in Palm City, Florida
- Precast concrete wall construction
- Designated outdoor storage areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$465,880
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,317,600
$9.3M
Cap Rate 7%
$6,655,429
$6.7M
Cap Rate 9%
$5,176,444
$5.2M
Market Conditions
NOI Build-Up for 28,800 SF
Gross rent
$580.6K $20.16/SF
− Vacancy
−$32.5K −$1.13/SF
EGI
$548.1K $19.03/SF
− OpEx
−$82.2K −$2.85/SF
NOI
$465.9K $16.18/SF
Area
Martin County, FL
Vacancy
5.60%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,317,600
Cap Rate 7%
$6,655,429
Cap Rate 9%
$5,176,444
Alternative Uses
Best Use
Warehouse
$6.66M
$5.82M – $7.76M
NOI $465,880 @ 7.0% cap · market cap 6.85%
Second Best
Industrial
$5.48M
$4.80M – $6.39M
NOI $383,666 @ 7.0% cap · market cap 5.64%
Theoretical Best
Retail
$7.57M
$6.62M – $8.83M
NOI $529,623 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34990, FL
31,160
Population
13,641
Households
2.3
Avg Household Size
51
Median Age
49%
College-Educated
97%
High-School Grad
103.0 sq mi
ZIP Area
303
Density / Sq Mi
$120,407
Median Household Income
$56,905
Median Earnings
$1,958
Median Rent
$558,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - New build-to-suit 28,800 SF industrial shell includes precast concrete walls and designated outdoor storage areas.
Where is this flex space located?
The property is located at 1510 Southwest Poma Drive Palm City, FL.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: Build‑to‑suit 28,800 SF shell industrial building in Palm City, Florida; Precast concrete wall construction; Designated outdoor storage areas
