Warehouse with Concrete-Paved Parking
For Sale
Contact for pricing
181 Sebastian Blvd, Sebastian, FL 32958
Well-maintained warehouse site with concrete-paved parking and ADA-compliant parking spaces on-site.
Property Size8,500 SF
Price / SF$235.29
Days on Market325
Property Features for 181 Sebastian Blvd
General Information
Standard status
Active
Size
8,500 SF
Total Parking Spaces
16
Property subtype
INDUSTRIAL
Listing Agency:
Mills Commercial Real Estate Group LLC
(772) 562-0018
Listed By:
Bill Mills · License #BK3304531
Source:
Moodyscre
Added: Sep 11, 2025
Changed: Jul 31
Last Checked: Aug 1 at 4:12AM
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 Mills Commercial Real Estate Group LLC
Investment Insights
Based on property information with market context.
This warehouse property features a well-maintained, concrete-paved parking lot designed for everyday access, including approximately 16 parking spaces with two ADA-compliant spaces. The site also includes perimeter fencing along the southern boundary and an on-site drainage pond to support effective stormwater management.
The property is located at 181 Sebastian Blvd, Sebastian, FL 32958. The paved lot provides convenient vehicle staging and customer or employee parking, while the perimeter fencing and drainage pond contribute to ongoing site functionality.
With approximately 8,500 SF of property size, the warehouse asset is supported by on-site parking infrastructure and stormwater controls, helping accommodate daily operations.
The property is located at 181 Sebastian Blvd, Sebastian, FL 32958. The paved lot provides convenient vehicle staging and customer or employee parking, while the perimeter fencing and drainage pond contribute to ongoing site functionality.
With approximately 8,500 SF of property size, the warehouse asset is supported by on-site parking infrastructure and stormwater controls, helping accommodate daily operations.
Key Highlights
- Approximately 16 parking spaces, including two ADA‑compliant spaces
- Concrete‑paved parking lot
- Perimeter fencing along the southern boundary
Financial Insights For Warehouse
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 | $71.4k | $8.40 |
| − Vacancy | −$2.5k | −$0.29 |
| EGI | $68.9k | $8.11 |
| − OpEx | −$10.3k | −$1.22 |
| NOI | $58.6k | $6.89 |
8,500 SF · lease $8.40/SF/yr · vacancy 3.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$836.7K
$732.1K – $976.1K
NOI $58,566 @ 7.0% cap · market cap 2.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.24M
$1.96M – $2.62M
NOI $156,978 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
425
Businesses Nearby
Under-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
Properties on Market for Warehouses in Sebastian
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- CubeSmart Self Storage — 189 Sebastian Blvd, Sebastian, FL 32958
Frequently Asked Questions
What type of property is this?
Warehouse - Well-maintained warehouse site with concrete-paved parking and ADA-compliant parking spaces on-site.
Where is this warehouse located?
The property is located at 181 Sebastian Blvd Sebastian, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Approximately 16 parking spaces, including two ADA‑compliant spaces; Concrete‑paved parking lot; Perimeter fencing along the southern boundary
