240 Interstate SE Ct Palm Bay, FL 32909-3998
This exceptional 12,320-square-foot warehouse, situated on a spacious 1.16-acre lot in Palm Bay, Florida, presents a compelling investment opportunity. Built in 1997, the single-story concrete block structure features a stucco exterior and architectural shutters covering all windows. The property boasts four dock-high doors, facilitating efficient loading and unloading operations. Inside, a 12-foot ceiling height provides ample vertical space for storage and operations. The property is zoned LI and offers convenient access via two ingress/egress driveways directly off Interstate Court SE. Ample parking is provided with approximately 60 spaces, exceeding current zoning requirements for an office building. The well-maintained building benefits from a good condition shingle roof and a meticulously landscaped lot. Located at 240 Interstate Ct SE, Palm Bay, FL 32909, this property combines functionality and location in a thriving market. The property's solid construction, generous parking, and strategic location make it an ideal choice for a variety of industrial and mixed-use applications. This turnkey warehouse is ready for immediate occupancy. The address is 240 Interstate Ct SE, Palm Bay, FL 32909.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LI · Palm Bay, FLPalm Bay. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.