Industrial Manufacturing Facility with
For Sale
$5,495,000
10045 102nd Terrace, Sebastian, FL 32958
Concrete 30,000 SF clear-span warehouse plus 10,000 SF finished office on 5.2 acres, fully sprinklered and climate controlled.
Property Size29,796 SF
Lot Size5.20 Acres
Price / SF$184.42
Days on Market15
Property Features for 10045 102nd Terrace
General Information
Standard status
Active
Size
29,796 SF
Lot size
5.20 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
19 ft
Heavy Power
Yes
Sprinkler System
Yes
Building Details
Year Built
1994
Construction
Concrete
Listing Agency:
LPT Realty
(772) 766-2001
Listed By:
Christopher John Flaig ll · License #3495792
Source:
Mymiahomes
Added: Jul 21
Changed: Jul 22
Last Checked: Aug 4 at 9:34AM
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.
This industrial manufacturing facility offers 30,000 SF of clear-span warehouse space with 10,000 SF of finished office area, all constructed in concrete. The building is fully sprinklered and climate controlled, with 3-phase 480V power rated at 800 amps. Clear heights range from 15 feet at the eaves to 19 feet at the center apex, supporting flexible mid-bay industrial uses.
The property sits on 5.2 acres in Sebastian, FL, just off CR 512 with immediate access to I-95. The site includes excess land that can support outdoor storage and/or future expansion.
Third-party due diligence is available to qualified buyers, including a recent appraisal, clean Phase II environmental report, and a completed building inspection showing no major issues, along with survey and insurance documentation. The owner is currently occupied and can deliver vacant or structure a short-term leaseback.
The property sits on 5.2 acres in Sebastian, FL, just off CR 512 with immediate access to I-95. The site includes excess land that can support outdoor storage and/or future expansion.
Third-party due diligence is available to qualified buyers, including a recent appraisal, clean Phase II environmental report, and a completed building inspection showing no major issues, along with survey and insurance documentation. The owner is currently occupied and can deliver vacant or structure a short-term leaseback.
Key Highlights
- 40,000 SF industrial manufacturing facility built in 1994 on 5.2 acres in Sebastian, FL, just off CR 512 with immediate access to I‑95.
- 30,000 SF clear‑span warehouse and 10,000 SF finished office space with clear heights from 15' (eaves) to 19' (center apex).
- Fully sprinklered and climate controlled, with 3‑phase 480V power at 800 amps.
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 | $643.6k | $21.60 |
| − Vacancy | −$103.0k | −$3.46 |
| EGI | $540.6k | $18.14 |
| − OpEx | −$135.2k | −$4.54 |
| NOI | $405.5k | $13.61 |
29,796 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.79M
$5.07M – $6.76M
NOI $405,464 @ 7.0% cap · market cap 7.38%
Second Best
Flex RnD
$4.35M
$3.80M – $5.07M
NOI $304,223 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$7.86M
$6.88M – $9.17M
NOI $550,273 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
19 ft
Clear height
Yes
Heavy power
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Well-served
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
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Concrete 30,000 SF clear-span warehouse plus 10,000 SF finished office on 5.2 acres, fully sprinklered and climate controlled.
Where is this flex space located?
The property is located at 10045 102nd Terrace Sebastian, FL.
What is the asking price?
The asking price for this property is $5,495,000.
What are key features of this property?
This property features: 40,000 SF industrial manufacturing facility built in 1994 on 5.2 acres in Sebastian, FL, just off CR 512 with immediate access to I‑95.; 30,000 SF clear‑span warehouse and 10,000 SF finished office space with clear heights from 15' (eaves) to 19' (center apex).; Fully sprinklered and climate controlled, with 3‑phase 480V power at 800 amps.
