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    1326 Malabar Rd Palm Bay, FL 32907

    For Lease
    $17 SF/Yr ($12,764 /Mo)

    Palm Bay Office/Retail Space Available

    Lot size:
    9,010 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This two-story, 9,010-square-foot multi-tenant office building in Palm Bay, Florida, offers a prime location near the I-95 and Malabar Road intersection. Built in 1984, the property sits on approximately 0.6 acres and features nine suites, with 3,238 square feet currently vacant. The building's zoning permits retail, office, medical, financial, and personal services uses, making it highly versatile. Its strategic location within a thriving retail and dining corridor, close to major residential developments, Palm Bay Hospital, Eastern Florida State College, and numerous big-box retailers (including Lowe's, Home Depot, Publix, and Walmart), ensures high visibility and accessibility. The available space presents a unique opportunity for businesses seeking a well-situated office or retail presence in a dynamic Palm Bay submarket. The property's address is 1326 Malabar Rd, Palm Bay, FL 32907, and its APN is 29-37-03-25-02211.0-0012.00. One suite of 1,024 square feet is currently available. This is a great opportunity to establish or expand your business in a high-traffic area with excellent amenities and strong demographics. The property is located in Brevard County.

    Property Features for 1326 Malabar Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,010 SF
    Total Rate
    12764.17

    Building Details

    Year Built
    1984
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Unit 8
    Size
    1,024 SF
    Rate per SF
    $17

    HighLights

    • Excellent Palm Bay location on a thriving retail and dining corridor, near extensive residential areas.
    • Less than a half‑mile from Palm Bay Hospital.
    • Proximity to major retailers such as Walmart, Lowe's, and Home Depot.
    • Surrounded by established national restaurant chains.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.619746275009
    Latitude
    27.998389365524

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    FAQs

    What type of property is this?
    Office Property / Space - Palm Bay Office/Retail Space Available
    Where is this office property / space located?
    The property is located at 1326 Malabar Rd Palm Bay, FL.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Excellent Palm Bay location on a thriving retail and dining corridor, near extensive residential areas.; Less than a half-mile from Palm Bay Hospital.; Proximity to major retailers such as Walmart, Lowe's, and Home Depot.
    Request Owner's contact information
    1326 Malabar Rd Palm Bay, FL 32907
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    Palm Bay, FL 32907
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1326 Malabar Rd Palm Bay, FL 32907
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