Sebastian Commercial/Industrial Concrete Block
For Sale
$650,000
6820 Woodmere Road, Sebastian, FL 32958
Commercial/Industrial building in Sebastian, Florida, suitable for light industrial use.
Property Size2,496 SF
Price / SF$260.42
Days on Market319
Property Features for 6820 Woodmere Road
General Information
Standard status
Active
Size
2,496 SF
Class
C
Property subtype
Industrial
Zoning
Commerical/Industrial
Building Details
Building Size
2,496 SF
Year Built
1984
Listing Agency:
RE/MAX
(772) 589-3054
Listed By:
John King · License #0692286
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:05PM
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 RE/MAX
Investment Insights
Based on property information with market context.
Located at 6820 Woodmere Road, Sebastian, FL 32958, this commercial/industrial building is available for sale. The property, constructed of concrete block, is zoned for commercial/industrial use within Indian River County. Situated near the cross streets of Woodmere and Old Dixie, the property is suitable for light industrial or commercial purposes. The parcel number is 31390600015004000025.0. The building has a size of 2496 square feet.
Key Highlights
- Commercial/Industrial Zoning: Suitable for a range of business operations.
- Light Industrial / Commercial Use Type: Versatile property for various business applications.
- Concrete Block Construction: Durable building material.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,485
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$509,700
$509.7K
Cap Rate 7%
$364,071
$364.1K
Cap Rate 9%
$283,167
$283.2K
Market Conditions
NOI Build-Up for 2,496 SF
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.
Gross rent
$41.9K $16.80/SF
− Vacancy
−$2.7K −$1.09/SF
EGI
$39.2K $15.71/SF
− OpEx
−$13.7K −$5.50/SF
NOI
$25.5K $10.21/SF
Area
Brevard County, FL
Vacancy
6.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$509,700
Cap Rate 7%
$364,071
Cap Rate 9%
$283,167
Alternative Uses
Best Use
Flex RnD
$364.1K
$318.6K – $424.8K
NOI $25,485 @ 7.0% cap · market cap 3.92%
Second Best
Warehouse
$245.7K
$215.0K – $286.6K
NOI $17,198 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$658.5K
$576.2K – $768.3K
NOI $46,096 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
404
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
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- CubeSmart Self Storage — 189 Sebastian Blvd, Sebastian, FL 32958
Frequently Asked Questions
What type of property is this?
Warehouse - Commercial/Industrial building in Sebastian, Florida, suitable for light industrial use.
Where is this warehouse located?
The property is located at 6820 Woodmere Road Sebastian, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Commercial/Industrial Zoning: Suitable for a range of business operations.; Light Industrial / Commercial Use Type: Versatile property for various business applications.; Concrete Block Construction: Durable building material.
