10045 102nd Terrace

Estimated monthly payment

$34,108 /mo

Principal and interest only, based on $1,298,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Listing Snapshot

Price

$6,490,000

Days on Site

448 Days

Bedrooms

0

Total Baths

6

Total Sq Ft

29,796 sqft

Lot Size

5.2 Acres

Year Built

1994

Property Type

Commercial

MLS #

R11098010

Property Tax

$40,285 (2024)

County

Indian River

Status

Active

About This Property

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.

General Features

Property Type

Commercial

Status

Active

Year Built

1994

Levels

One

Lot Size (Acres)

5.2

Total Sq Ft

29,796

Structure Type

Flex / Industrial / Office / Warehouse

Sewer

Public Sewer

Zoning

IL

Interior Features

Cooling

Central Air

Heating

Central

Flooring

Concrete / Ceramic Tile

Exterior Features

Construction

Block / Concrete / Stucco

Roof

Metal / Steel Trusses

Lot Features

Five To Ten Acres / Industrial Park

Community & HOA

Security

Fire Sprinkler System

Financing Terms

Cash / Conventional / Exchange1031 / Usda Loan

MLS Area

5940 - Other Florida County