Property profile

128 Tomahawk Dr Indian Harbour Beach, FL 32937

OFF-MARKET
Warehouses
Property ID
US18-4264452
9,000 SF 0.56 ac lot Built 1980
Entity Owned Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 9,000-square-foot warehouse in Indian Harbour Beach, Florida, presents a unique opportunity. Situated on a 0.56-acre lot, this property boasts a prime beachside location, the only industrial street between Vero Beach and Cocoa Beach. The building features five roll-up doors, a privacy gate, and ample parking, ensuring convenient access and security. Inside, you'll find approximately 2,500 square feet of air-conditioned office space and approximately 6,500 square feet of warehouse space, complemented by a 14-foot ceiling height and a mezzanine for added storage. The M-1 zoning allows for light industrial uses. The property is currently available for lease at $14 per square foot per year on a gross lease basis, totaling $10,500 per month plus taxes, with a three-year lease term required. This is an ideal space for businesses seeking a well-equipped, conveniently located warehouse in a desirable coastal setting. The address is 128 Tomahawk Drive, Satellite Beach, FL 32937, in Brevard County.

Property profile

Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1980
Construction CONCRETE
Total area 9,000 SF
Lot 0.56 ac (24,394 SF)
Zoning code M1
APN 27-37-02-00-00535.0-0000.00
UPID US18-4264452

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

128 Tomahawk Dr Indian Harbour Beach, FL 32937-1818
Indian Harbour Beach metro Census 66500 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$955k
Comparable Approach Comparable
$778k
Blend (final) Blend
$845k

Owner & transaction history

since 2026
2 recorded transactions
2026
$1.7M
2016
Price N/A

Zoning & alternative use

M1 · Indian Harbour Beach, FL
Top alternative use upside
Medical building $1.4M +23.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 128 Tomahawk Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message