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$5,900,000 -$200,000 (-3.28%) Price Reduced
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Property Description
40,000 SF industrial manufacturing facility on 5.2 acres in Sebastian, FL, just off CR 512 with immediate access to I 95. Concrete construction includes 30,000 SF of clear span warehouse and 10,000 SF of finished office, ideal for light manufacturing, distribution, and service users. Fully sprinklered, climate controlled, with 3 phase 480V power at 800 amps and clear heights from 15 to 19 feet. Rare opportunity with excess land for outdoor storage or expansion in a supply constrained submarket. Third party due diligence includes a recent $5.8M appraisal, clean Phase II, building inspection with no major issues, plus survey and insurance docs. Owner occupied with ability to deliver vacant or structure a short term leaseback. 40,000 SF industrial manufacturing facility situated on 5.2 acres in Sebastian, FL, just off CR 512 with immediate access to I-95. The concrete construction includes 30,000 SF of clear-span warehouse and 10,000 SF of finished office space, supporting a wide range of light manufacturing, distribution, and service-based users. The building is fully sprinklered, climate-controlled, and equipped with 3-phase, 480V power at 800 amps. Clear height ranges from 15 feet at the eaves to 19 feet at the center apex. This offering represents a rare opportunity to acquire a fully functional industrial facility with excess land for outdoor storage or future expansion in a supply-constrained submarket. Pre-completed third-party due diligence provides a highly de-risked acquisition: "¢ Recent appraisal at $5.8M "¢ Phase II Environmental completed - clean "¢ Building inspection completed - no major issues identified "¢ Survey and insurance documentation available These materials are available to qualified buyers and are expected to significantly reduce underwriting timelines and execution risk. The property is currently owner-occupied with the ability to deliver vacant. Additional tenant demand exists for users seeking mid-bay industrial space, creating optionality for supplemental income. Positioned within a strategic corridor between the Space Coast and Treasure Coast, the asset benefits from limited competing product of this scale, while maintaining efficient access to all major Florida markets within a three-hour drive. Available to qualified buyers: "¢ Appraisal at $5.8M "¢ Clean Phase II Environmental "¢ Inspection completed - no major issues "¢ Survey and insurance documentation available Owner-occupied with ability to deliver vacant or structure short-term leaseback. Additional tenant demand provides optional income. Limited competing product of this scale. Strategic location with access to all major Florida markets within ~ 3 hours.
Full Property Details
Full Property Details for 10045 102nd Terrace
General
- Price: $5,900,000
- Taxes: $40,284 (2024)
- Status: Active
- Type: Warehouse
- Source: Regional
- MLS ID: R11098010
- Updated: 3/27/2026
- Added to Site: 5 day(s) ago
Business
- Business Type: Commercial, Distribution, Industrial, Manufacturing, S
Interior
- Flooring: Concrete, Ceramic Tile
Additional Information
- Security/Safety: Fire Sprinkler System
Location
- County: Indian River
Community
- Community Name: 5940 - Other Florida County
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Flex, Industrial, Office, Warehouse
- Construction: Block, Concrete, Stucco
- Roof: Metal, Steel Trusses
- Stories/Levels: 1
- Building Size: 29796
- Year Built: 1994
- Other Struct. Feat.: Common Lounge, Conference Room, Overhead Doors, Office, Reception Area, Storage
Lot Features
- Lot Size (Acres): 5.2
- Lot Features: 5-10 Acres, Industrial Park
- Potential Use: Warehouse
- Zoning: IL
Green Features
- Indoor Air Quality: Ventilation
Financial Considerations
- Tax Amount: $40,284.5
- Tax Year: 2024
- Terms: Cash, Conventional, 1031 Exchange, USDA Loan
Disclosures and Reports
- Documents Avail.: Environmental Study, Ground Photo, Site Plan, Title
- Legal Description: MACHO PRODUCTS PLAT LOT 1 PBI 23-68
- Property ID: 31382100002000000001
Listed by LPT Realty
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Schools
Schools serving 10045 102nd Terrace
School District:Indian River County School District
| Name | Grades | Distance |
|---|---|---|
Treasure Coast Elementary School 8955 85th St, Sebastian, FL 32958 | PK-5 | 2.6 mi |
Sebastian River Middle School 9400 Fellsmere Road, Sebastian, FL 32958 | 6-8 | 1.2 mi |
Sebastian River High School 9001 90th Avenue, Sebastian, FL 32958 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10045 102nd Terrace
Date
Details
Price
Change
Source
3/27/2026
Price Reduced
$5,900,000
-3.28%
MLS
2/05/2026
Price Reduced
$6,100,000
-5.86%
MLS
6/09/2025
Listed
$6,480,000
36928.57%
MLS
9/01/2020
Sold
$17,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 10045 102nd Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$41,894
4%
$1,958,130
-1%
2024
$40,284
3%
$1,968,607
-1%
2023
$39,285
12%
$1,992,384
5%
2021
$35,183
-4%
$1,891,998
-5%
2022
$36,716
4%
$1,984,261
1%
2021
$35,183
12%
$1,969,843
46%
2019
$31,482
8%
$1,346,004
10%
2018
$29,266
24%
$1,223,640
10%
2017
$23,520
—
$1,112,400
—
2016
$23,403
-4%
$1,112,400
-1%
2015
$24,407
10%
$1,126,940
10%
2014
$22,238
2%
$1,022,900
-1%
2013
$21,835
—
$1,029,710
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10045 102nd Terrace
10045 102nd Terrace, Sebastian, FL 32958 (MLS# R11098010) is a Warehouse property. 10045 102nd Terrace is currently listed for $5,900,000 and was received on March 27, 2026. Want to learn more about 10045 102nd Terrace? Do you have questions about finding other Warehouse real estate for sale in Sebastian? You can browse all Sebastian real estate or contact a Coldwell Banker agent to request more information.

