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Property profile & analytics
OFF-MARKET Estimated value $845,000
Warehouses

128 Tomahawk Dr Indian Harbour Beach, FL 32937-1818

9,000 SF 0.56 ac lot Built 1980
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US18-4264452
Property summary
AI-generated overview

This exceptional 9,000-square-foot warehouse in Indian Harbour Beach, Florida, presents a unique opportunity. Situated on a 0.56-acre lot, this property boasts a prime beachside location, the only industrial street between Vero Beach and Cocoa Beach. The building features five roll-up doors, a privacy gate, and ample parking, ensuring convenient access and security. Inside, you'll find approximately 2,500 square feet of air-conditioned office space and approximately 6,500 square feet of warehouse space, complemented by a 14-foot ceiling height and a mezzanine for added storage. The M-1 zoning allows for light industrial uses. The property is currently available for lease at $14 per square foot per year on a gross lease basis, totaling $10,500 per month plus taxes, with a three-year lease term required. This is an ideal space for businesses seeking a well-equipped, conveniently located warehouse in a desirable coastal setting. The address is 128 Tomahawk Drive, Satellite Beach, FL 32937, in Brevard County.

Property profile
Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1980
Construction CONCRETE
Total area 9,000 SF
Lot 0.56 ac (24,394 SF)
Zoning code M1
APN 27-37-02-00-00535.0-0000.00
UPID US18-4264452
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$955k
Comparable Approach Comparable
$778k
Blend (final) Blend
$845k
Owner & transaction history
Axelayla Properties LLC
Axelayla Properties LLC
since 2026
2 recorded transactions
2026
$1.7M
2016
Price N/A
Zoning & alternative use
M1 · Indian Harbour Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.4M +23.9%
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