www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28357984
29660140

820 35th Ct SW, Vero Beach, FL 32968

CF
FL 3495792
Flaig Commercial Group
Listed by Flaig Commercial Group
$1,500,000
195 days on market
Updated 50 days ago

Oslo Road Flex Space

Details
APN 33-39-22-00022-0000-00005.0
Property Type Industrial
Sub Type Flex
Square Footage 7,500
Net Rentable (SqFt) 7,500
Units 3
Cap Rate 7.00%
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $200
Year Built 1997
Buildings 1
Stories 1
Acreage 0.940
Zoning Commercial Heavy
Ceiling Height 20

Rare Flex Opportunity Near Oslo & I95 Interchange

Marketing description

A rare flex opportunity off Oslo Road in Indian River County. This 7,500-square-foot building sits on one acre zoned Commercial Heavy (CH), one of the most versatile designations in Indian River County.

The property is fully leased to a single tenant with two years remaining, the property produces immediate cash flow while offering a clear path to reposition as a multi-tenant or owner-occupied facility.

Investors benefit from immediate in-place income with the potential to boost NOI through both market rent adjustments and multi-tenant conversion. The building is already configured with three electric meters and restrooms, allowing for easy subdivision into three independent bays.

Owner-users have the rare opportunity to own their place of business while offsetting expenses through rental income from the remaining units. This setup provides the flexibility to occupy one or more suites now and expand into additional space over time as operations grow. A structure that supports both stability and scalability within a high-demand industrial corridor.

The structure combines metal framing with 4-foot concrete block perimeter walls for durability and easy maintenance. Clear-span interiors, multiple roll-up doors, and ample on-site parking create efficient functionality for a range of users.

Three electrical meters, individual bathrooms, and separate entrances allow quick conversion to multi-tenant configuration without costly retrofits. The layout supports three suites of roughly 2,500 SF each, ideal for smaller users or future lease-up strategy.

The northern portion of the property provides room for building expansion or immediate industrial outdoor storage (IOS). Whether used for fleet parking, lay-down materials, or the construction of additional warehouse bays, this space adds real operational and income upside.

For an owner-user, it provides scalability. For an investor, it’s a ready opportunity to grow rentable area and capture higher future returns. The one-acre site offers the right balance between coverage and open yard, something increasingly scarce in this corridor.

The surrounding area continues to grow rapidly with new residential communities, trade businesses, and light-industrial development filling in between 58th and 66th Avenue. The corridor serves both Vero Beach and Sebastian while connecting south to St. Lucie County’s manufacturing and distribution clusters. This location positions the property perfectly for regional service companies, trades, and distributors that require proximity to major routes but want operational privacy and flexibility.

The market for industrial property in Indian River County remains tight, with rising construction costs and minimal new supply. Existing CH-zoned parcels with building infrastructure and expansion land are increasingly hard to find. This asset’s combination of zoning strength, income, and scalability makes it an attractive hold for long-term investors and an ideal base for an operating business.

Investment highlights

  • 7,500 SF Industrial Flex Building on ±1.0 Acre

  • Zoned Commercial Heavy (CH)

  • Fully leased to single tenant with 2 years remaining

  • Three electric meters and restrooms in place for easy subdivision into 3 bays

  • Ideal for investor or owner-user: Occupy one unit, lease the rest

  • Yard Space: Suitable for expansion or industrial outdoor storage

  • Metal and block construction for durability and low maintenance

  • End-of-cul-de-sac location with strong truck circulation and secure access

  • Minutes to I-95 and the new Oslo Road interchange

Listing Contacts

CF
FL 3495792
Flaig Commercial Group
Listed by Flaig Commercial Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Christopher Flaig
License
3495792
Brokerage
Flaig Commercial Group - Brokered by LPT Realty
Brokerage Phone
772-356-2851
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591