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    9800 20Th St Vero Beach, FL 32966

    For Lease
    $8 SF/Yr

    Prime I-95 industrial space, build-to-suit

    Lot size:
    1,000,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 145-acre industrial park in Indian River County offers unparalleled build-to-suit opportunities for qualified long-term tenants. Located at the SR 60/I-95 interchange with traffic-signaled access, this prime location provides superior accessibility. The park features flexible lot sizes accommodating buildings ranging from 50,000 to 1,000,000 square feet, with one million square feet currently vacant and immediately available for development. Construction timelines typically range from 12 to 15 months. Building rental rates start at $8.00 net per square foot annually, subject to annual increases and project scope. The park boasts off-site retention areas, simplifying development. Utilities include county water and sewer, and Florida Power & Light electricity. The property is zoned IL (Industrial Light), making it ideal for a variety of industrial uses including refrigerated/cold storage, manufacturing, flex, and warehouse/distribution. Sites are ready for immediate construction, offering a unique opportunity to create a custom-designed facility in a highly desirable location.

    Property Features for 9800 20Th St

    General Information

    Property type
    Refrigerated & Cold Storages
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000,000 SF

    Unit(s) available at that property

    Space
    Multiple spaces available!
    Size
    1,000,000 SF
    Rate per SF
    $8

    HighLights

    • Prime I‑95 interchange location.
    • Build‑to‑suit options available for qualified long‑term tenants.
    • Flexible building sizes ranging from 50,000 to 1,000,000 square feet.
    • Ready for immediate construction.
    • Off‑site retention areas.
    • SR 60/I‑95 interchange with traffic‑signalized access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Refrigerated & Cold Storages

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Nail Salon Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.5315789
    Latitude
    27.6392188

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - Prime I-95 industrial space, build-to-suit
    Where is this refrigerated / cold storage located?
    The property is located at 9800 20Th St Vero Beach, FL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Prime I-95 interchange location.; Build-to-suit options available for qualified long-term tenants.; Flexible building sizes ranging from 50,000 to 1,000,000 square feet.
    Request Owner's contact information
    9800 20Th St Vero Beach, FL 32966
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    Vero Beach, FL 32966
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9800 20Th St Vero Beach, FL 32966
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