Premier Packing Warehouse — Sale in Vero Beach, FL

  • Price: $8.9M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Vero Beach, FL 32968
  • Size: 87,079 SF
  • Year built: 1994

Investment Figures

Price per square foot
$102

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Strategically located on nearly forty acres with A-1 zoning and improved with an expansive 87,079 SF fruit packing facility, 625 66th Ave SW, Vero Beach, FL, 32968 offers a prime investment opportunity with a diversity of potential uses. Built in 1994, the well maintained, facility includes 4360 SF of office space, 31 foot ceilings in the warehouse portion, monolithic slab foundation, 9 dock high and 4 ground level bay doors, along with facilities for more than 100 employees. A nearly 10,000 SF cooler with 20' ceilings provides storage capacity for 780 pallets or 2,000,000# of product. The property is located in Vero Beach, just a 1/4 mi. north of Oslo Rd and less than three miles from the I-95 interchange, currently under construction and scheduled for completion in Summer of 2027. Recent CAPEX Improvements 2015 - Installation of Cooling and Storage Room: Dimensions: 141’ x 70’ X 20’ high, with 2- 9’ x 10’ high Thermal Rolling Doors, 2 – personnel doors. Self-supported with Interior structural steel racking. Capacity: 780 pallet, Storage Capacity: 2,000,000 lbs.@ 40 degrees F. 2017 – Installation of GENERAC 150 kW Natural gas Model QT150 liquid cooled 277/480V 3-phase generator. 2018 –Extensive Remodeling for additional Office space, front façade, double impact PGT Office windows and new LED packinghouse lighting. 2019 - Recoating of Packinghouse Roof with PremiSEAL 60, a spray polyurethane foam, with Uniflex Acrylic coating Location Description Property is located off of 66th Ave. just north of Oslo Rd in Vero Beach, Florida. Oslo Road is currently undergoing a $96 million construction project widening to four lanes and a new I-95 interchange. The County recently approved expansion of the Urban Service area to include the property, however they will not grant rezoning until that process is completed next year. Highlights Well constructed and maintained building Strategic location near I-95 Nicely finished office space For more information please visit: https://com

Market Context

This industrial in Vero Beach, FL is listed for sale at $8,900,000 across 87,079 SF ($102/SF). The building dates to 1994. It has been on the market for 71 days. Compare it against other industrial listings for sale in Vero Beach, FL — view the full market.

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