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    1639 Old Dixie Hwy Vero Beach, FL 32960

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    For Sale
    $2,100,000

    Large industrial building with flexible zoning and ample parking.

    Lot size:
    0.76 Acres

    Property Features for 1639 Old Dixie Hwy

    General Information

    Lot size
    0.76 Acres

    Building Details

    Year built
    1961

    Source: Douglas Elliman Florida LLC Agent Joseph Schlitt

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

    Overview

    Vero Industrial Opportunity For Sale

    Located in Vero, this property features a concrete block building with over 10,000 square feet. The majority of the interior space has ceilings exceeding 14 feet in height. Zoned 'M: Industrial', the property allows for over 27 permitted uses, including office space, motor vehicle sales and service, warehousing, light manufacturing, wholesale trades, and services. The sale encompasses both 1639 and 1601 Old Dixie Highway, providing over 30 parking spaces.
    Insight Report Location Intelligence

    Current Use by Public Records

    Aluma Tower Co ... Exporter

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -80.3973501
    Latitude
    27.632197

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    FAQs

    What type of property is this?
    Industrial property - Large industrial building with flexible zoning and ample parking.
    Where is this industrial property located?
    The property is located at 1639 Old Dixie Hwy 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: - Excellent location at the corner of 16th Street and Old Dixie in Vero.; - Large 10,000+ SF concrete block building.; - Zoned 'M: Industrial' with over 27 permitted uses including office, motor vehicle sales/service, and warehousing.
    (772) 360-6824
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    1639 Old Dixie Hwy Vero Beach, FL 32960
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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
    1639 Old Dixie Hwy Vero Beach, FL 32960
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