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Andy Jansky

andy@teamverobeach.com +1(772) 559-0862

$ 5,900,000

Est. payment | -/mo

6 Baths

29,796 SqFt

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$ 5,900,000

Est. payment | -/mo

Save Virtual Tour

6 Baths

29,796 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 29,796 sqft

Price per Sqft $198

MLS Listing ID R11098010

HOA Y/N No

Year Built 1994

Annual Tax Amount $40,284

Tax Year 2024

Lot Size 5.200 Acres

Acres 5.2

Property Sub-Type Mixed Use

Property Description

40,000 SF industrial manufacturing facility on 5.2 acres in Sebastian, FL, just off CR 512 with immediate access to I 95. Concrete construction includes 30,000 SF of clear span warehouse and 10,000 SF of finished office, ideal for light manufacturing, distribution, and service users. Fully sprinklered, climate controlled, with 3 phase 480V power at 800 amps and clear heights from 15 to 19 feet. Rare opportunity with excess land for outdoor storage or expansion in a supply constrained submarket. Third party due diligence includes a recent $5.8M appraisal, clean Phase II, building inspection with no major issues, plus survey and insurance docs. Owner occupied with ability to deliver vacant or structure a short term leaseback. 40,000 SF industrial manufacturing facility situated on 5.2 acres in Sebastian, FL, just off CR 512 with immediate access to I-95. The concrete construction includes 30,000 SF of clear-span warehouse and 10,000 SF of finished office space, supporting a wide range of light manufacturing, distribution, and service-based users. The building is fully sprinklered, climate-controlled, and equipped with 3-phase, 480V power at 800 amps. Clear height ranges from 15 feet at the eaves to 19 feet at the center apex. This offering represents a rare opportunity to acquire a fully functional industrial facility with excess land for outdoor storage or future expansion in a supply-constrained submarket. Pre-completed third-party due diligence provides a highly de-risked acquisition: • Recent appraisal at $5.8M • Phase II Environmental completed - clean • Building inspection completed - no major issues identified • Survey and insurance documentation available These materials are available to qualified buyers and are expected to significantly reduce underwriting timelines and execution risk. The property is currently owner-occupied with the ability to deliver vacant. Additional tenant demand exists for users seeking mid-bay industrial space, creating optionality for supplemental income. Positioned within a strategic corridor between the Space Coast and Treasure Coast, the asset benefits from limited competing product of this scale, while maintaining efficient access to all major Florida markets within a three-hour drive. Available to qualified buyers: • Appraisal at $5.8M • Clean Phase II Environmental • Inspection completed - no major issues • Survey and insurance documentation available Owner-occupied with ability to deliver vacant or structure short-term leaseback. Additional tenant demand provides optional income. Limited competing product of this scale. Strategic location with access to all major Florida markets within ~ 3 hours.

Location

State FL

County Indian River

Area 5940 - Other Florida County

Region Sebastian

City Region Sebastian

Interior

Heating Central

Cooling Central Air

Flooring Concrete, Ceramic Tile

Fireplace No

Exterior

Roof Type Metal,Steel Trusses

Street Surface Asphalt,Paved

Building

Lot Description 5-10 Acres, Industrial Park

Dwelling Type Flex,Industrial,Office,Warehouse

Foundation Slab

Sewer Public Sewer

Level or Stories One

Others

Pets Allowed No

Tax ID 31382100002000000001.0

Security Features Fire Sprinkler System

Acceptable Financing Cash, Conventional, 1031 Exchange, USDA Loan

Listing Terms Cash, Conventional, 1031 Exchange, USDA Loan

Virtual Tour https://www.propertypanorama.com/10045-102nd-Terrace-Sebastian-FL-32958/unbranded

Listed by Christopher John Flaig ll LPT Realty

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+1(772) 559-0862

andy@teamverobeach.com

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10045 102nd TER Sebastian, FL 32958