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    FOR LEASE
    Warehouses

    663 2Nd Ln, Vero Beach, FL 32962

    5,150 SF 0.51 ac lot Built 1986
    Entity Owned 18-yr Hold ~ Est. High Equity
    Property ID
    US18-9433743
    Property summary
    AI-generated overview

    This single-story, 5,150-square-foot warehouse building in Vero Beach, Florida, presents a compelling owner-user or investment opportunity. Located at 663 2nd Ln, this property sits on a 0.51-acre lot zoned CH (Heavy Commercial) in Indian River County. Built in 1986, the metal building features a metal truss and roof system, recently resealed with a 15-year warranty. The interior boasts 14-foot clear ceiling heights and is fully air-conditioned. The warehouse space, approximately 3,550 square feet, includes four 10x12 roll-up doors, offering flexibility for single or multi-tenant use. An additional approximately 1600 square feet is dedicated to office space. The warehouse also benefits from compressed air connections throughout and includes an air compressor. Three-phase power is available. Exterior amenities include concrete surface parking and a 40-foot on-site storage container. The property is currently vacant with an occupancy date of July 2, 2024, and is offered at $800,000 ($155.34/sq ft). The APN is 33391300015000000012.0. This versatile property offers significant potential for various commercial uses.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 1986
    Construction STEEL FRAME
    Total area 5,150 SF
    Lot 0.51 ac (22,216 SF)
    Zoning code CH
    APN 33-39-13-00015-0000-00012.0
    UPID US18-9433743
    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
    Current use
    Occupant on record · Public records
    • Approved Turbo Components Inc Factory Industrial Manufacturer
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $814k
    Blend (final) Blend
    $580k
    Owner & transaction history
    Silver Six LLC · 18 yrs held
    Silver Six LLC
    since 2008
    Last sale
    $550,000
    2 recorded transactions
    2008
    $435,000
    1969
    Zoning & alternative use
    CH · Vero Beach, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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