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    5435 45Th St Vero Beach, FL 32967

    For Sale
    $2,100,000

    COMMERCIAL - Vero Beach, FL

    Lot size:
    12.00 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 7 at 12:06 pm

    Property Features for 5435 45Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    , IG
    APN
    32392800001004000001.2
    Lot size
    12.00 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    Alex MacWilliam, Inc. Real Estate (772) 231-6509 [email protected]

    Listing agent Karl C Dietrich (772) 231-6509 License #0417167

    Listing date Nov 17, 2025

    Copyright © 2025 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vero Beach Industrial Land Available

    This property features 12 acres of vacant, cleared, and flat industrial land. The zoning allows for a wide array of uses, including warehouse, manufacturing, trades, and open-air storage. The property is situated in a growing area with new business developments and is located close to the airport. The location on 45th Street is known as a hub for commercial growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ken Gregory Produce ... Produce Wholesaler

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.4429633
    Latitude
    27.6748833

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    FAQs

    What type of property is this?
    Industrial land - 12 acres of vacant industrial land suitable for various uses.
    Where is this industrial land located?
    The property is located at 5435 45Th St Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - 12 Acres of Vacant, Cleared and Flat Industrial Land; - Wide array of uses allowed (warehouse, manufacturing, trades, open air storage, etc.); - Located in growing area of new business
    (772) 231-6509
    Request Owner's contact information
    5435 45Th St Vero Beach, FL 32967
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    Vero Beach, FL 32967
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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
    5435 45Th St Vero Beach, FL 32967
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