850 33Rd Ct Vero Beach, FL 32968
- Industrial properties
- 9,600 SF
- 0.72 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 850 33Rd Ct
- Year built
- 2003
- Construction
- STEEL FRAME
- Lot size
- 0.72 lot acres
- Property size
- 9,600 SF
- Zone code
- CH
- Property type
- Industrial properties
- APN
- 33-39-22-00027-0000-00003.0
- APU
- 9223372036854775807
Description
This single-story, 2003-built warehouse in South Vero Beach offers twelve available units ranging from 1,200 to 2,500 square feet. Each unit boasts 18-foot ceilings and 12x12-foot bay doors. The property features built-out, air-conditioned office space and allows for building/monument signage. Its (CH) Heavy Commercial zoning permits diverse uses, making it ideal for contractor trade businesses. The strategic location benefits from the future Oslo/I-95 interchange currently under construction, promising improved commuting and distribution. Utilities include county water, sewer, and FPL. Lease rates vary by unit size: 1,200 sq ft units are priced at $16.00-$18.00 per square foot; 1,400 sq ft units are also $16.00-$18.00 per square foot; 2,500 sq ft units are $15.00-$17.00 per square foot; and larger 5,000 sq ft units are available at $15.00-$17.00 per square foot. This prime location and flexible space make this an excellent opportunity for businesses seeking efficient and well-appointed warehouse space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,545,000
- 6.5%
- $5,695,000
- 7%
- $6,255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,895,000
- Geo Method
- $5,825,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,285,000
- Retail
- $6,030,000
- Mixed-Use
- $5,870,000
- Hospitality
- $6,660,000
- Educational
- $6,995,000
- Residential Income
- $6,300,000
- Energy
- $5,330,000
- Income-Based Land
- $6,160,000
- Food Service
- $6,340,000
Location Insight
- Map
- Local Demand
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.4206
- Latitude
- 27.5877
- CBSA code
- 42680
- CBSA name
- SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA