820 35th Court SW,Vero Beach, FL 32968
Vero Beach, FL 32968
Description
A rare flex opportunity off Oslo Road in Indian River County. This 7,500-square-foot industrial flex building sits on one acre zoned Commercial Heavy (CH), offering one of the most versatile use profiles in the county. The property is fully leased with 2 years remaining, delivering immediate income and providing a clear path for repositioning as either a multi-tenant investment or a future owner-user facility. The building is already configured for three independent bays, each with its own electric meter and restroom. This allows investors to increase NOI through market rent adjustments and multi-tenant lease-up, while giving owner-users the ability to occupy one or more units and offset overhead with rental income from the remaining suites.
Details
| MLS # | R11143774 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1997 |
| Days On Site | 292 |
| Listing Provided By | LPT Realty | Christopher John Flaig ll |
Features
| Bath(s) | 3 |
|---|---|
| SQ Feet | 7,500 |
| Story(s) | 1 |
| Units | 3 |
| Zoning | CH |
| Acreage | 0.94 |
Taxes
| Tax Annual Amount | 7265.99 |
|---|
Area Information
| State | FL |
|---|---|
| County | Indian River |
| City | Vero Beach |
| Zip Code | 32968 |
| Area | 5940 Other Florida County |
| Listing VS Median (in 32968) | |
Price: $1,500,000 low | high Med: $514,500 sqft: 7,500 low | high Med: 2,495 $ / sqft: $200 low | high Med: $207 On site: 292 low | high Med: 119 | |
Market Activity 32968
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Learn More About This Property
| State | FL |
|---|---|
| County | Indian River |
| City | Vero Beach |
| Zip Code | 32968 |
| Area | 5940 Other Florida County |
| Listing VS Median (in 32968) | |
Price: $1,500,000 low | high Med: $514,500 sqft: 7,500 low | high Med: 2,495 $ / sqft: $200 low | high Med: $207 On site: 292 low | high Med: 119 | |