Industrial Flex Building with
For Sale
Contact for pricing
825 EIGHTH ST, Vero Beach, FL 32962
Ready-to-occupy industrial flex site with warehouse, office, multiple roll-up doors, and a large improved hardstand yard.
Property Size5,200 SF
Lot Size2.35 Acres
Price / SF$403.85
Days on Market63
Property Features for 825 EIGHTH ST
General Information
Standard status
Active
Size
5,200 SF
Lot size
2.35 Acres
Property subtype
Industrial
Zoning
Light Industrial / Heavy Commercial
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
4
Building Details
Year Built
1975
Listing Agency:
Panther Capital Group
Listed By:
Guillermo de Nicolas · License #FL3440959
Source:
Crexi
Added: Jun 4
Changed: Jul 10
Last Checked: Aug 4 at 1:09PM
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 Panther Capital Group
Investment Insights
Based on property information with market context.
This improved industrial and commercial flex property includes a 5,200 SF building comprised of 3,600 SF of warehouse space and 1,600 SF of office space. The warehouse is served by four roll-up doors and offers 14-foot clear height. The site also features a large improved hardstand yard designed to support vehicle and outdoor operations. The property sits on 2.35 acres and includes a Phase I ESA that is complete.
Located in Vero Beach’s established industrial corridor, the site is set up for flexible industrial use. Dual zoning is confirmed with Indian River County Planning, with the property designated Light Industrial and Heavy Commercial. Vehicle and outdoor storage is permitted on the IL portion under the Transportation & Utilities use category, also confirmed in writing by Indian River County Planning.
Permitted uses encompass a wide range of industrial and service activities, including contractors and trades, warehousing and distribution, trucking depots, vehicle and outdoor storage, auto repair and dealerships, light manufacturing, machine shops, marine services, wholesale distribution, and nursery or horticultural operations. With no major entitlement risk indicated and the Phase I ESA complete, this property offers an operator-friendly setup for day-one use where both warehouse and office space are needed.
Located in Vero Beach’s established industrial corridor, the site is set up for flexible industrial use. Dual zoning is confirmed with Indian River County Planning, with the property designated Light Industrial and Heavy Commercial. Vehicle and outdoor storage is permitted on the IL portion under the Transportation & Utilities use category, also confirmed in writing by Indian River County Planning.
Permitted uses encompass a wide range of industrial and service activities, including contractors and trades, warehousing and distribution, trucking depots, vehicle and outdoor storage, auto repair and dealerships, light manufacturing, machine shops, marine services, wholesale distribution, and nursery or horticultural operations. With no major entitlement risk indicated and the Phase I ESA complete, this property offers an operator-friendly setup for day-one use where both warehouse and office space are needed.
Key Highlights
- 5,200 SF industrial/commercial building built in 1975: 3,600 SF warehouse and 1,600 SF office
- Warehouse features four roll‑up doors and 14‑foot clear height
- 2.35 acres total with a large improved hardstand yard for vehicle and outdoor storage
Financial Insights For Flex RnD
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 | $121.7k | $23.40 |
| − Vacancy | −$7.5k | −$1.45 |
| EGI | $114.1k | $21.95 |
| − OpEx | −$39.9k | −$7.68 |
| NOI | $74.2k | $14.27 |
5,200 SF · lease $23.40/SF/yr · vacancy 6.20% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.06M
$927.4K – $1.24M
NOI $74,188 @ 7.0% cap · market cap 3.53%
Second Best
Office B
$794.9K
$695.6K – $927.4K
NOI $55,645 @ 7.0% cap · market cap 2.65%
Theoretical Best
Specialty Retail
$1.14M
$997.8K – $1.33M
NOI $79,827 @ 7.0% cap · market cap 3.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
14 ft
Clear height
4
Drive-in doors
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32962, FL
26,011
Population
12,705
Households
2
Avg Household Size
49
Median Age
25%
College-Educated
90%
High-School Grad
12.5 sq mi
ZIP Area
2,081
Density / Sq Mi
$65,137
Median Household Income
$32,617
Median Earnings
$1,184
Median Rent
$247,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Express Catering Co Inc — 396 11th Ave, Vero Beach, FL 32962
- Cheers & Chasers Mobile Bar — 4th Ln, Vero Beach South, FL 32962
Frequently Asked Questions
What type of property is this?
Flex space - Ready-to-occupy industrial flex site with warehouse, office, multiple roll-up doors, and a large improved hardstand yard.
Where is this flex space located?
The property is located at 825 EIGHTH ST Vero Beach, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 5,200 SF industrial/commercial building built in 1975: 3,600 SF warehouse and 1,600 SF office; Warehouse features four roll‑up doors and 14‑foot clear height; 2.35 acres total with a large improved hardstand yard for vehicle and outdoor storage
