Property summary
This exceptional 50,720-square-foot industrial property in Sebastian, Florida, presents a compelling investment opportunity. Boasting a 6.68% capitalization rate and a strong net operating income (NOI) of $500,720, this two-story building, constructed in 1999, sits on a 4.8-acre lot and features a steel structure with concrete block exterior siding. The property is fully air-conditioned, equipped with fire sprinklers, and includes 30-foot ceilings, 10x14 and 10x10 bay doors, and interior… mezzanines totaling approximately 11,165 square feet. Additional features include ample office space on the second floor accessible by passenger elevator and 61 marked parking spaces. Currently divided into two units with two tenants, the property benefits from a lease-back expiring 10 years post-closing. The property is zoned (IL) Industrial Light and enjoys county water and sewer services, along with FPL electricity. Real estate taxes for 2023 were $40,127.44. The asking price is $7,500,000, translating to $147.87 per square foot. This multi-tenant, NNN-leased property offers a stable income stream and significant potential for future growth. The property's location in Sebastian, Florida, provides easy access to major transportation routes and a growing market. This is a rare opportunity to acquire a high-performing industrial asset with significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 8 properties in this cityComparable in this city
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 50,720 SF
- Lot area
- 4.8 ac
- Year built
- 1999
- Stories
- 1
- APN
- 31-38-21-00002-0000-00002.0
- Zoning
- IL
- Assessed value · 2023
- $2,373,222
- Annual tax · 2023
- $41,368
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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