10045 102nd Terrace, Sebastian, FL, 32958 | $5,900,000

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.

Features

  • Property Type: Mixed Use
  • Construction: Concrete, Stucco, CBS, Concrete Block - With Stucco
  • Heating: Central
  • Cooling: Central Building
  • Units: 8
  • Zoning: IL
  • Year Built: 1994
  • Acreage: 5.2
  • Est. Taxes: $40,284
  • MLS#: R11098010
  • Website: https://www.raveis.com
    /prop/R11098010/10045102ndterrace_sebastian_fl?source=qrflyer
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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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10045 102nd Terrace, Sebastian, FL, 32958

$5,900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,720,000 $4,720,000 $4,720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.362% 6.361% 6.183%
Monthly Tax Payment $3,357 $3,357 $3,357
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $28,299 $29,062 $39,830
Total Monthly Payment $31,781 $32,544 $43,312

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.