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10045 102nd Ter 39,546 SF Flex Building Sebastian, FL 32958 $6,480,000 ($163.86/SF)

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INVESTMENT HIGHLIGHTS

  • Priced Below Replacement Cost
  • Supplemental Income: Existing office and retail-style corner suite (currently a gun shop) can generate income or support multi-tenant flexibility.
  • Clear height: 15'–19' to joist (eave to apex)
  • Owner-User Ready: Majority of the building is owner-occupied and can be delivered with immediate availability, ideal for users seeking scalability
  • Minutes from I-95 via CR 512, offering convenient access to regional distribution routes throughout Indian River and Brevard counties

EXECUTIVE SUMMARY

Well-located ±40,000 SF flex industrial facility situated on 5.2 acres in Sebastian, FL, just off CR 512 with immediate access to I-95. The concrete construction features ±30,000 SF of clear-span warehouse and ±10,000 SF of finished office space—ideal for light manufacturing, distribution, or service-based operations. The building is fully sprinklered, climate-controlled, and serviced by robust 3-phase, 480V electrical at 800 amps, accommodating a wide range of industrial users. Clear height ranges from 15 feet at the eaves to 19 feet at the center apex, providing excellent vertical functionality.
Currently owner-occupied, the property includes multiple vacant office suites and a retail-style corner unit, currently operating as a gun shop, which benefits from steady foot traffic due to the adjacent shooting range. This flexible configuration presents a rare opportunity for an owner-user to establish a headquarters with supplemental income or a short-term partial leaseback scenario.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $6,480,000
Price Per SF $163.86
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Manufacturing
  • Flex Research & Development
  • Industrial Warehouse
  • FlexLight Distribution
Building Class B
Lot Size 5.20 AC
Rentable Building Area 39,546 SF
No. Stories 1
Year Built 1994
No. Drive In / Grade-Level Doors 5
Zoning IL - Zoned Light Industrial (IL): Allows warehouse, light manufacturing, office, and trade-related uses with potential for outdoor storage.

AMENITIES

  • 24 Hour Access
  • Conferencing Facility
  • Mezzanine
  • Signage
  • Reception
  • Storage Space
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water - County
  • Sewer - County
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
31-38-21-00002-0000-00001.0
Land Assessment
$154,700
Improvements Assessment
$1,768,068
Total Assessment
$1,922,768
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 36171244

  • Date on Market: 6/9/2025

  • Last Updated:

  • Address: 10045 102nd Ter, Sebastian, FL 32958

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