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    5045 45Th St Vero Beach, FL 32967

    For Sale
    $906,000

    9-acre industrial land parcel in Vero Beach, Florida.

    Property size:
    9 SF
    Lot size:
    9.06 Acres

    Property Features for 5045 45Th St

    General Information

    Zoning
    IG
    Size
    9 SF
    Lot size
    9.06 Acres

    Source: Guy R. Rizzo Agent Guy R. Rizzo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vero Beach Industrial Zoned Land

    This 9-acre property in Vero Beach is zoned IG (General Industrial), offering versatility for a range of industrial activities. The IG zoning allows for heavy fabrication, machinery manufacturing, bulk storage, salvage yards, and high-volume warehousing. This zoning provides flexibility and fewer regulatory constraints compared to light industrial or commercial zones. The location offers access to key infrastructure, including roads, services, and transport. The zoning also offers growing adaptability, with new use types being added, making it suitable for developing a manufacturing hub, a logistics campus, or an MRO facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    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
    -80.4383005
    Latitude
    27.6746181

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    FAQs

    What type of property is this?
    Industrial land - 9-acre industrial land parcel in Vero Beach, Florida.
    Where is this industrial land located?
    The property is located at 5045 45Th St Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $906,000.
    What are key features of this property?
    This property features: - IG (General Industrial) Zoning: Allows for a broad spectrum of industrial activities; - Unmatched Flexibility: Offers greater versatility compared to lighter-zoned parcels; - Fewer Regulatory Constraints: Experiences fewer limitations than IL or commercial zones
    (386) 383-0848
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    5045 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
    5045 45Th St Vero Beach, FL 32967
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