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Property profile & analytics
OFF-MARKET
Warehouses

1340 Clearmont NE St 309 Palm Bay, FL 32905-4049

1,430 SF 0.1 ac lot Built 1985
Individually Owned 16-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-5613009
Property summary
AI-generated overview

This exceptional Palm Bay, Florida industrial property, located at 1340 Clearmont St NE, 32905, offers a total of 12,870 square feet of versatile flex and warehouse space. Currently, all 9 suites totaling 12,870 square feet are available for lease. The single-story building, constructed in 1985, features nine individual units, each a minimum of 1,430 square feet and offering up to 12,870 contiguous square feet. Each unit boasts a modern 5-ton air conditioning system, cooling both the office and warehouse areas. Practical features include a roll-up door at the rear of each unit and ample on-site parking. The property is conveniently situated across from Harris Aerospace, providing excellent access and visibility. The asking rent is $1,500 per month, plus sales tax and separately metered electricity. This property presents a unique opportunity for businesses seeking flexible and well-equipped warehouse or flex space in a prime Palm Bay location. The property's APN is 28 3722-79-*-A.XA. This is a fantastic opportunity for businesses seeking a functional and convenient location.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,430 SF
Lot 0.1 ac (4,356 SF)
APN 28-37-22-79-00000.0-000A.25
UPID US18-5613009
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Harold A Zeek · 16 yrs held
Harold A Zeek
since 2010
2 recorded transactions
2010
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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