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Flex Space Condo with Roll-Up Door
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2340 SW Poma Dr, Palm City, FL 34990

Fully air-conditioned flex/industrial condo with private offices and a 12’ x 14’ roll-up door.

Property Size7,000 SF
Price / SF$214.29
Days on Market366

Property Features for 2340 SW Poma Dr

General Information

Standard status Active
Size 7,000 SF
Property subtype INDUSTRIAL
Zoning General Industrial

Site & Location

Highway Access Yes
Utilities to Site Yes

Warehouse & Industrial

Clear Height 24 ft
Conditioned Warehouse Yes

Building Details

Year Built 2007
Listing Agency: SLC Commercial Realty & Development
Listed By: Drew Poston · License #BK3193852
Source: Moodyscre
Added: Jul 31, 2025 Changed: Jul 30 Last Checked: Jul 30 at 5:21PM

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

Investment Insights

Based on property information with market context.

This flex/industrial condo includes fully air-conditioned warehouse space with private offices and a breakroom or storage room. The facility features a 24’ clear ceiling height and a 12’ x 14’ roll-up door, supported by general interior build-out suitable for light industrial and contractor-style operations. Built in 2007 and described as clean, well-maintained, and move-in ready.

The property is zoned General Industrial, which supports a range of uses. County water and sewer are available starting September 2025; the space is currently served by well and septic. The location is in an established Palm City commercial hub with excellent access to I-95 and the Florida Turnpike.

The combination of office space, strong ceiling height, and a roll-up door is well aligned with service contractors, distribution, and light manufacturing.

Key Highlights

  • Fully air‑conditioned flex/industrial warehouse space
  • 24’ clear ceiling height
  • 12’ x 14’ roll‑up door

Financial Insights For Warehouse

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 $141.1k $20.16
− Vacancy −$7.9k −$1.13
EGI $133.2k $19.03
− OpEx −$20.0k −$2.85
NOI $113.2k $16.18
7,000 SF · lease $20.16/SF/yr · vacancy 5.60% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,235 @ 7.0% cap · market cap 7.55%
Second Best
Industrial
$1.33M
$1.17M – $1.55M (±1% cap)
NOI $93,252 @ 7.0% cap · market cap 6.22%
Theoretical Best
Retail
$1.84M
$1.61M – $2.15M (±1% cap)
NOI $128,728 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Attic Insulation Palm ... General Contractor Air Around Around ... Hardware & Home Improvement

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Big Box & Wholesale Store Garden Center Pharmacy Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24 ft
Clear height
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Fully air-conditioned flex/industrial condo with private offices and a 12’ x 14’ roll-up door.
Where is this flex space located?
The property is located at 2340 SW Poma Dr Palm City, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Fully air‑conditioned flex/industrial warehouse space; 24’ clear ceiling height; 12’ x 14’ roll‑up door
(772) 220-4096 Call to check price and availability
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