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    For Sale (35)

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    Vero Beach Commercial Building
    $3,000,000
    6,900 SF

    Vero Beach Commercial Building

    High-visibility commercial building with kitchen and roll-up doors.

    3700 9Th St SW, Vero Beach, FL 32968
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    Vero Beach Commercial Development Site
    $299,000
    0.51 Acres

    Vero Beach Commercial Development Site

    Prime 0.51-acre commercial land for sale in Vero Beach.

    1915 42Nd Ave, Vero Beach, FL 32960
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    Oceanfront Lot in Gated Community
    $1,950,000
    0.66 Acres

    Oceanfront Lot in Gated Community

    Oceanfront lot with seawall in Vero Beach gated community.

    1972 Ocean Ridge Cir, Vero Beach, FL 32963
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    Sebastian Commercial Land For Sale
    $550,000
    1.52 Acres

    Sebastian Commercial Land For Sale

    1.52 acre commercial land with high-exposure frontage.

    11515 S Indian River Dr, Sebastian, FL 32958
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    Vero Beach Industrial Land
    $1,875,000
    12.00 Acres

    Vero Beach Industrial Land

    General Industrial zoned land in Vero Beach, Florida.

    5435 45Th St, Vero Beach, FL 32967
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    Prime Vero Beach Commercial Land
    $2,849,000
    8.75 Acres

    Prime Vero Beach Commercial Land

    8.75 acres with frontage on US #1 and Old Dixie Hwy.

    6420 Us Highway 1, Vero Beach, FL 32967
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    Vero Beach Vacant Land Parcel
    $399,000
    4.05 Acres

    Vero Beach Vacant Land Parcel

    4+ acre vacant parcel with high visibility in Vero Beach.

    6555 81St St, Vero Beach, FL 32967
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    Vero Beach Agricultural Retreat
    $1,295,000
    9.82 Acres

    Vero Beach Agricultural Retreat

    9.82-acre gated property with agricultural zoning and multiple amenities.

    7382 61St St, Vero Beach, FL 32967
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    Vero Beach Commercial Land
    $2,200,000
    3.48 Acres

    Vero Beach Commercial Land

    3.48 acres of commercial land with high visibility.

    1990 98Th Ave, Vero Beach, FL 32966
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    Vero Beach Retail Opportunity
    $950,000
    2,640 SF

    Vero Beach Retail Opportunity

    Renovated retail space near I-95 ready for new concept.

    8801 20Th St, Vero Beach, FL 32966
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    Vero Beach Land Development Opportunity
    $3,999,000
    35.27 Acres

    Vero Beach Land Development Opportunity

    35+/- acre cleared land parcel with development potential.

    57Th St, Vero Beach, FL 32967
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    Versatile Land Parcel in Vero
    $399,000
    4.68 Acres

    Versatile Land Parcel in Vero

    4.68+/- acre parcel with endless potential in Vero Beach.

    6525 81St St, Vero Beach, FL 32967
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    Vero Beach Commercial Land
    $6,750,000
    9.69 Acres

    Vero Beach Commercial Land

    9.69 +/- acres of commercial land on State Road 60.

    8701 20Th St, Vero Beach, FL 32966
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    Riverfront Land in Grant Valkaria
    $675,000
    0.60 Acres

    Riverfront Land in Grant Valkaria

    0.6 acre riverfront property with seawall and water access.

    5073 S Us Highway 1, Grant Valkaria, FL 32949
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    Vero Beach Mixed-Use Investment
    $5,900,000
    36,545 SF

    Vero Beach Mixed-Use Investment

    Prime mixed-use commercial complex in thriving Vero Beach market.

    1615 14Th Ave, Vero Beach, FL 32960
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    20 Acres Highway-Frontage Land
    $2,999,000
    20.17 Acres

    20 Acres Highway-Frontage Land

    Prime commercial land with high-visibility frontage on US 1.

    8965 Us Highway 1, Sebastian, FL 32958
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    SINGLE_FAMILY - Vero Beach, FL
    $849,000
    3,431 SF

    SINGLE_FAMILY - Vero Beach, FL

    Office buildings • 3,431 SF

    2145 15Th Ave, Vero Beach, FL 32960
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    Turnkey Cafe/Restaurant Opportunity
    $1,100,000
    950 SF

    Turnkey Cafe/Restaurant Opportunity

    Fully equipped cafe with expansive outdoor seating in Vero Beach.

    3700 9Th St SW, Vero Beach, FL 32968
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    Prime Agricultural Land Near I-95
    $3,400,000
    38.22 Acres

    Prime Agricultural Land Near I-95

    40+/- acres of agricultural land near new I-95 interchange.

    495 66Th Ave SW, Vero Beach, FL 32968
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    LAND - Fellsmere, FL
    $380,000
    6.40 Acres

    LAND - Fellsmere, FL

    Agricultural land / Farmland • 6.40 Acres

    85 85Th St, Fellsmere, FL 32948
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    Vero Beach 7.3-Acre Corner Lot
    $649,000
    7.30 Acres

    Vero Beach 7.3-Acre Corner Lot

    7.3-acre corner lot, agricultural and residential zoning, Vero Beach.

    5992 8Th St, Vero Beach, FL 32968
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    Vero Beach Waterfront Estate Lot
    $975,000
    0.28 Acres

    Vero Beach Waterfront Estate Lot

    Waterfront land with dock/slip in Marsh Island Yacht Club.

    9260 E Marsh Island Dr, Vero Beach, FL 32963
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    Prime Industrial Land Near Airport
    $4,250,000
    21.36 Acres

    Prime Industrial Land Near Airport

    22+/- acre industrial-zoned land adjacent to Vero Beach Airport.

    3450 41St St, Vero Beach, FL 32967
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    Vero Beach Commercial Corner Lot
    $1,250,000
    2.77 Acres

    Vero Beach Commercial Corner Lot

    2.77-acre commercial lot at a lighted intersection in Vero Beach.

    4075 43Rd Ave, Vero Beach, FL 32960
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    Downtown Vero Beach Commercial Lot
    $150,000
    0.14 Acres

    Downtown Vero Beach Commercial Lot

    Commercial lot in the heart of Downtown Vero Beach.

    2135 15Th Ave, Vero Beach, FL 32960
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    Prime Commercial Land in Vero
    Contact for pricing

    Prime Commercial Land in Vero

    8.75 acres with high visibility and development potential.

    6420 Us Highway 1, Vero Beach, FL 32967
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    Downtown Commercial Property with Warehouse
    $1,199,000
    5,000 SF

    Downtown Commercial Property with Warehouse

    Two commercial lots with a mixed-use building in downtown.

    2315 14Th Ave, Vero Beach, FL 32960
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    Vero Beach Industrial Zoned Land
    $1,875,000
    522,720 SF

    Vero Beach Industrial Zoned Land

    Industrial-zoned land suitable for manufacturing, warehousing, or logistics operations.

    5435 45Th St, Vero Beach, FL 32967
    View details
    9.82 Acres Agricultural Gated Retreat
    $1,295,000
    427,759 SF

    9.82 Acres Agricultural Gated Retreat

    9.82-acre gated retreat with agricultural zoning and multiple amenities.

    7382 61St St, Vero Beach, FL 32967
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    Vero Beach Land Opportunity
    $6,750,000

    Vero Beach Land Opportunity

    Land available west of 82nd Ave on State Rd 60.

    8701 20Th St, Vero Beach, FL 32966
    View details
    Vacant Land on Pelican Lane
    $675,000

    Vacant Land on Pelican Lane

    Vacant land available on Pelican Lane in Vero Beach.

    1485 Pelican Ln, Vero Beach, FL 32963
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    Downtown Commercial Building For Sale
    $849,000

    Downtown Commercial Building For Sale

    Freestanding commercial building in prime downtown location with growth potential.

    2145 15Th Ave, Vero Beach, FL 32960
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    Cleared Industrial Land For Sale
    $1,875,000

    Cleared Industrial Land For Sale

    12 acres of vacant industrial land suitable for various uses.

    5435 45Th St, Vero Beach, FL 32967
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    Iconic Office Building in Vero
    $2,199,000

    Iconic Office Building in Vero

    Freestanding office building in downtown Vero Beach redevelopment district.

    1708 21St St, Vero Beach, FL 32960
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    Downtown Vero Commercial Lot
    $150,000

    Downtown Vero Commercial Lot

    Prime commercial lot in downtown Vero Beach, Florida.

    2135 15Th Ave, Vero Beach, FL 32960
    View details

    For Lease (3)

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    Vero Beach Commercial Space
    $31 SF/Yr
    2,640 SF

    Vero Beach Commercial Space

    Renovated 2,640 SF space near I-95 in Vero Beach.

    8801 20Th St, Vero Beach, FL 32966
    View details
    COMMERCIAL - Vero Beach, FL
    $18 SF/Yr
    5,000 SF

    COMMERCIAL - Vero Beach, FL

    Retail space

    1635 14Th Ave, Vero Beach, FL 32960
    View details
    Versatile Commercial Space For Lease
    $18 SF/Yr

    Versatile Commercial Space For Lease

    5,000 SF open space suitable for retail, medical, or restaurant.

    1635 14Th Ave, Vero Beach, FL 32960
    View details

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    Request Owner's contact information
    Alex MacWilliam, Inc. Real Estate
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Alex MacWilliam, Inc. Real Estate
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