Investment Overview
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. The County Commission recently approved expansion of the Urban Service Boundary to include the site, and are exploring options for a change in the Future Land Use in the coming months. Built in 1994, the well maintained facility includes 4,360 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
Investment Highlights
- Well constructed and maintained building
- Strategic location near I-95
- Nicely finished office space