Industrial Warehouse on 15
For Sale
$8,500,000
7550 129th Street, Sebastian, FL 32958
COMMERCIAL - Sebastian, FL
Property Size21,440 SF
Lot Size15.00 Acres
Price / SF$396.46
Days on Market327
Property Features for 7550 129th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IN
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Directions
FROM ROSELAND RD GO SOUTH ON 130TH ST THEN SOUTH ON 129TH STREET.
Subdivision
5940 - Other Florida County
Standard status
Active
APN
303800000010300000160
Size
21,440 SF
Lot size
15.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
FLEMING GRANT PLAT SHOWING THE S/D OF PBB 1-72 BEING MORE PART DESC AS FOLL ALL LOTS 16 & 27 & LOT 28; LESS NWLY 131.91
Tax Annual Amount
11318
Legal Description
FLEMING GRANT PLAT SHOWING THE S/D OF PBB 1-72 BEING MORE PART DESC AS FOLL ALL LOTS 16 & 27 & LOT 28; LESS NWLY 131.91
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Well
Building Details
Year built
2005
Floors in Building
1
Number of units
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Billero & Billero Properties
(772) 231-0001
Listed By:
Roberto E Berlingieri · License #3237571
(772) 473-4206
Added: Sep 9, 2025
Changed: Jul 28
Last Checked: Aug 1 at 11:06AM
MLS# R11122379
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Industrial warehouse property set on 15 industrial acres, with LED lighting and 1,200 amp, 3-phase 480-volt power. The building includes five roll-up doors (four 10’ wide by 12’ high and one 12’ wide by 16’ high at ground level), along with a 4’ high loading dock and a small office plus a lunch or breakroom. There are two restrooms and a 1,500-square-foot equipment room.
The facility is improved with a laser-guided power screed and 6-inch thick concrete floor, 26-foot ceiling height, and Kynar roofing. Zoned IN, the property is located at 7550 129th Street in Sebastian, Florida (Indian River County).
The facility is improved with a laser-guided power screed and 6-inch thick concrete floor, 26-foot ceiling height, and Kynar roofing. Zoned IN, the property is located at 7550 129th Street in Sebastian, Florida (Indian River County).
Key Highlights
- 15 industrial acres with a 21,840 SF building built in 2005
- 1,200‑amp service with 3‑phase 480V power and LED lighting
- 5 roll‑up doors: two 10'W x 12'H, one 12'W x 16'H at grade, plus additional roll‑up doors listed
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $463.1k | $21.60 |
| − Vacancy | −$74.1k | −$3.46 |
| EGI | $389.0k | $18.14 |
| − OpEx | −$97.3k | −$4.54 |
| NOI | $291.8k | $13.61 |
21,440 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.17M
$3.65M – $4.86M
NOI $291,756 @ 7.0% cap · market cap 3.43%
Second Best
Warehouse
$2.11M
$1.85M – $2.46M
NOI $147,724 @ 7.0% cap · market cap 1.74%
Theoretical Best
Office A
$5.66M
$4.95M – $6.60M
NOI $395,954 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
26 ft
Clear height
6
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32958, FL
28,619
Population
15,512
Households
1.8
Avg Household Size
58
Median Age
29%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
1,026
Density / Sq Mi
$68,276
Median Household Income
$37,412
Median Earnings
$1,388
Median Rent
$279,100
Median Home Value
Market
Properties on Market for Warehouses in Sebastian
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Storage Mall — 7950 130th St, Sebastian, FL 32958
Frequently Asked Questions
What type of property is this?
Warehouse - 15-acre industrial property with LED lighting, 5 roll-up doors, 6-inch concrete floor, and a small office.
Where is this warehouse located?
The property is located at 7550 129th Street Sebastian, FL.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: 15 industrial acres with a 21,840 SF building built in 2005; 1,200‑amp service with 3‑phase 480V power and LED lighting; 5 roll‑up doors: two 10'W x 12'H, one 12'W x 16'H at grade, plus additional roll‑up doors listed
