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Industrial Land with Approved Warehouse Plans
New
For Sale
$1,180,000

5000 42nd Place, Vero Beach, FL 32967

Land, Vero Beach, FL

Property Size58,247 SF
Lot Size1.34 Acres
Price / SF$20.26
Days on Market4

Property Features for 5000 42nd Place

General Information

Property type Land
Property subtype Other
Zoning , IG
Zoning description Industrial
Subdivision Gifford
Lot features One To Three Acres
View Lake
Elementary school district Indian River County Schools
Middle school district Indian River County Schools
High school district Indian River County Schools
Directions Go west on 41st St, take right onto 49th Ave, then left onto 42nd Pl
Standard status Active
APN 32392800012000000006.0
Size 58,247 SF
Lot size 1.34 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description INDIAN RIVER INDUSTRIAL CENTER LOT 6 PBI 23-9
Tax Annual Amount 1802
HOA Fee $350 Monthly
Legal Description INDIAN RIVER INDUSTRIAL CENTER LOT 6 PBI 23-9

Utilities

Water source Public
Water front features Lake, Pond
Water front 1
Listing Agency: Alex MacWilliam, Inc.
Listed By: T.P. Kennedy · License #3377487
Added: Nov 2 Changed: Nov 4 Last Checked: Nov 5 at 9:06PM
MLS# 301040

Copyright © 2026 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1.34-acre industrial parcel is zoned IG and has an approved site plan for two warehouse buildings totaling 20,150 square feet. The proposed buildings are 9,650 and 10,500 square feet, with building plans also available.

The plan provides for 45 parking spaces and includes off-site stormwater retention. Roads, public water and sewer are in place.

Key Highlights

  • 1.34‑acre industrial parcel zoned IG
  • Approved site plan for 20,150 square feet of warehouse space across two buildings
  • Proposed buildings measure 9,650 and 10,500 square feet

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Hair Salon Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby

Demographics for 32967, FL

25,785
Population
12,358
Households
2.1
Avg Household Size
50
Median Age
35%
College-Educated
91%
High-School Grad
40.0 sq mi
ZIP Area
645
Density / Sq Mi
$73,875
Median Household Income
$38,156
Median Earnings
$1,425
Median Rent
$394,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - A General Industrial-zoned site has an approved development plan, with roads and public water and sewer infrastructure in place.
Where is this industrial land located?
The property is located at 5000 42nd Place Vero Beach, FL.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: 1.34‑acre industrial parcel zoned IG; Approved site plan for 20,150 square feet of warehouse space across two buildings; Proposed buildings measure 9,650 and 10,500 square feet
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Includes: Price & PSF · Cap rate · Location · Zoning

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