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    Property profile & analytics

    240 Interstate Ct Palm Bay, FL 32909

    • Truck terminals
    • 12,320 SF
    • 1.16 lot acres
    For Sale
    View listing
    $2,000,000
    Value Estimation
    Location Intelligence
    Property ID
    US18-3100017
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Truck terminals

    Property Details for 240 Interstate Ct

    Year built
    1997
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.16 lot acres
    Property size
    12,320 SF
    Zone code
    LI
    Property type
    Truck terminals
    APN
    29-37-04-MZ-000KK.0-0000.00
    APU
    293704MZ000KK0000000

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $425,000

    • CAP approach

      CAP return
      Estimation
      6%
      $570,000
      6.5%
      $480,000
      7%
      $545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $555,000
      Geo Method
      $480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $635,000
      Retail
      $585,000
      Mixed-Use
      $490,000
      Hospitality
      $615,000
      Educational
      $640,000
      Residential Income
      $600,000
      Energy
      $630,000
      Income-Based Land
      $605,000
      Food Service
      $585,000

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.6264
    Latitude
    27.9939
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,184
    $151,500
    $450,290
    $601,790
    -
    $151,500
    $450,290
    $601,790

    Comparable in this City

    • Value Estimation
      $180,000
      1,944 SF

      1650 Weiman SE Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 1,944 SF
      1650 Weiman SE Rd, Palm Bay, FL 32909
      View Details
    • Value Estimation
      $195,000
      4,574 SF

      495 Martin SE Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 4,574 SF
      495 Martin SE Rd, Palm Bay, FL 32909-3924
      View Details
    • Value Estimation
      $255,000
      2,460 SF

      438 Martin SE Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 2,460 SF
      438 Martin SE Rd, Palm Bay, FL 32909-4202
      View Details
    • Value Estimation
      $355,000
      5,000 SF

      470 Martin SE Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 5,000 SF
      470 Martin SE Rd, Palm Bay, FL 32909-3923
      View Details
    • Value Estimation
      $350,000
      3,000 SF

      447 Martin SE Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 3,000 SF
      447 Martin SE Rd, Palm Bay, FL 32909-3924
      View Details
    • Value Estimation by Request
      864 SF

      Palm Bay, FL 32909

      TRUCK TERMINAL (MOTOR FREIGHT) • 864 SF
      Palm Bay, FL 32909
      View Details

    Similar Nearby for Sale

    • $2,000,000
      12,320 SF

      Palm Bay Warehouse - $2M

      12,320 SF Warehouse, 1.16 Acres
      240 Interstate Ct, Palm Bay, FL 32909
      View Details
    • $1,550,000
      12,320 SF

      Palm Bay Industrial Property

      12,320 SF industrial property available for sale.
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      Unentitled land, multi-use potential.
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      Land • 1.75 Acres
      328 Malabar Rd, Palm Bay, FL 32909
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      Palm Bay Commercial Land - $120K

      Prime Commercial Lot, City Water Access
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    Similar Nearby for Lease

    • $1,050 /Mo
      1,200 SF

      Office/Warehouse Unit For Rent

      1200 SF office/warehouse unit with loading door available for rent.
      360 Thor Ave SE, Palm Bay, FL 32909
      View Details
    • $18 SF/Yr
      15,970 SF

      Palm Bay Retail Storefront Opportunity

      1,152 SF Retail Space Available in Palm Bay, FL
      3565 Jupiter Blvd, Palm Bay, FL 32909
      View Details
    • $20 SF/Yr
      2,065 SF

      Prime Assisted Living Facility

      Lease this 6-bed ALF in quiet SE location.
      291 Awin Cir, Palm Bay, FL 32909
      View Details
    • $1,100 /Mo
      900 SF

      Retail Space in Palm Bay

      Retail space available for lease in Palm Bay, Florida.
      1707 Canova St Se, Palm Bay, FL 32909
      View Details
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    240 Interstate Ct
    Palm Bay, FL 32909
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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
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