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Clear Span Industrial Warehouse
For Sale
$1,290,000
Pending

925 13th Ln, Vero Beach, FL 32960

Clear span warehouse with private office, positioned for industrial uses off US Highway 1 in Vero Beach.

Property Size5,580 SF
Days on Market51

Property Features for 925 13th Ln

General Information

Standard status Pending
Size 5,580 SF
Property subtype Industrial
Zoning IG

Additional Details

Highway Access Yes

Building Details

Year Built 1990
Listing Agency: LPT Realty
Listed By: Christopher John Flaig ll · License #3495792
Source: Elliman
Added: Jun 15 Changed: Jul 10 Last Checked: Jul 23 at 10:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty

Investment Insights

Based on property information with market context.

925 13th Lane is a 5,580 SF clear span industrial warehouse designed for efficient operations. The building includes an open warehouse area optimized for storage and workflow, plus a private office to support day-to-day administration. The clear span layout helps maximize usable space and can accommodate a range of build-out approaches for different operating needs, including service and contractor-oriented functions, light manufacturing, or other industrial uses.

The property is located in the core of Vero Beach and is zoned Industrial IG, an intensive industrial zoning classification in Indian River County. It sits immediately off US Highway 1, placing it within one of the area’s most active commercial corridors. Nearby access includes the 17th Street Bridge, which provides direct access toward the barrier island and surrounding communities. The location also benefits from proximity to State Road 60 and convenient connectivity to Interstate 95 for regional travel and distribution.

With its clear span floor area and dedicated office, this facility is a practical fit for service-based businesses, specialty trades, contractors, and light industrial users that need flexible space for operations. It also suits companies seeking an operational headquarters for serving residential, retail, and coastal markets, supported by the property’s central access across Indian River County.

Key Highlights

  • 5,580 SF clear span industrial warehouse with efficient open layout and a private office.
  • Zoned Industrial IG, one of the most intensive industrial zoning classifications in Indian River County, for industrial and service/contractor uses.
  • Clear span design helps maximize usable warehouse space and supports multiple build‑out configurations.

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 $97.1k $17.40
− Vacancy −$17.5k −$3.13
EGI $79.6k $14.27
− OpEx −$19.9k −$3.57
NOI $59.7k $10.70
5,580 SF · lease $17.40/SF/yr · vacancy 18.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$853.0K
$746.4K – $995.2K (±1% cap)
NOI $59,712 @ 7.0% cap · market cap 4.63%
Second Best
Warehouse
$642.5K
$562.2K – $749.6K (±1% cap)
NOI $44,973 @ 7.0% cap · market cap 3.49%
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.43M (±1% cap)
NOI $85,660 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Butcher Restaurant Grocery & Convenience Store Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,329
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32960, FL

21,522
Population
11,590
Households
1.9
Avg Household Size
48
Median Age
25%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
1,939
Density / Sq Mi
$52,350
Median Household Income
$30,236
Median Earnings
$1,171
Median Rent
$254,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Clear span warehouse with private office, positioned for industrial uses off US Highway 1 in Vero Beach.
Where is this warehouse located?
The property is located at 925 13th Ln Vero Beach, FL.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: 5,580 SF clear span industrial warehouse with efficient open layout and a private office.; Zoned Industrial IG, one of the most intensive industrial zoning classifications in Indian River County, for industrial and service/contractor uses.; Clear span design helps maximize usable warehouse space and supports multiple build‑out configurations.
More about this property
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