160-Acre Aqua Farm with
750 154th Avenue, Vero Beach, FL 32968
Aqua farm with warehouses, suitable for aquaculture or warehouse storage.
Type:Land
Property size:
35,000 SFLot size:
160.00 AcresPrice / SF:
$142/SF- Added:
- May 25, 2025
- Days on Market:
- 374
- Last Refresh:
- Mar 13 at 11:22 am
Property Features for 750 154th Avenue
General Information
- Standard status
- Active
- Size
- 35,000 SF
- Lot size
- 160.00 Acres
- Property subtype
- Land
Listing agent Sureka Pothapu License #3416294 (813) 507-2945
Listing office PEOPLE'S CHOICE REALTY SVC LLC (813) 507-2945
Listing date May 25, 2025
Source Compass
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 PEOPLE'S CHOICE REALTY SVC LLC
HighLights
- 160‑acre aqua farm suitable for large‑scale aquaculture or warehouse storage.
- Two warehouses totaling 35,000 sqft suitable for storage or commercial use.
- Located in an opportunity zone, offering significant tax savings.
- 14,000 linear feet of meticulously maintained race ponds.
- 2,700 sqft mobile office building provides versatile office space.
- Additional 480 acres adjacent to the property is also available for sale.
Overview
This 160-acre aqua farm presents an opportunity for shrimp, fish, or algae farming, and is also suited for large-scale aquaculture or warehouse storage. An additional 480 acres adjacent to the property is also available for sale. The property is located in an opportunity zone, potentially providing tax savings. It features two warehouses totaling 35,000 square feet. The first warehouse provides 18,000 square feet of space, while the second is a 4-story building with 17,000 square feet. The property includes 14,000 linear feet of race ponds, previously used for algae farming. A mobile office building provides 2,700 square feet of versatile office space, and an 1,800-square-foot utility shed offers additional storage and operational facilities. The property is equipped to support large-scale aquaculture operations or serve as a warehouse storage facility. Its acreage and specialized infrastructure make it suitable for businesses looking to expand their operations in the aquaculture industry or seeking substantial warehouse space.
Local 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 | $348.6k | $9.96 |
| − Vacancy | −$16.7k | −$0.48 |
| EGI | $331.9k | $9.48 |
| − OpEx | −$49.8k | −$1.42 |
| NOI | $282.1k | $8.06 |
35,000 SF · lease $9.96/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.03M
$3.53M – $4.70M
NOI $282,087 @ 7.0% cap · market cap 5.64%
Second Best
Industrial
$2.99M
$2.61M – $3.48M
NOI $209,034 @ 7.0% cap · market cap 4.18%
Theoretical Best
Specialty Retail
$7.68M
$6.72M – $8.95M
NOI $537,296 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Farms
Map
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.6267955
- Latitude
- 27.6159229
Nearby Similar for Sale
FAQs
What type of property is this?
Farm - Aqua farm with warehouses, suitable for aquaculture or warehouse storage.
Where is this farm located?
The property is located at 750 154th Avenue Vero Beach, FL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 160‑acre aqua farm suitable for large‑scale aquaculture or warehouse storage.; Two warehouses totaling 35,000 sqft suitable for storage or commercial use.; Located in an opportunity zone, offering significant tax savings.
