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    The Largest CRE Database in the US with Over 1 Million Listings

    925 SW 74Th Ave SW Vero Beach, FL 32968

    Sponsored
    For Lease
    $12 SF/Yr

    Industrial - Vero Beach, FL

    Type:Industrial
    Property size:
    14,000 SF
    Days on Market:
    6
    Last Refresh:
    Jan 31 at 11:06 pm

    Property Features for 925 SW 74Th Ave SW

    General Information

    Property type
    Commercial Lease
    Property subtype
    Industrial
    Standard status
    Active
    Zoning
    IG
    APN
    33382500001001000001
    Size
    14,000 SF

    Building Details

    Year built
    1973
    Architectural style
    Other

    We can help!

    Listing Contact
    Bram Leland Scolnick
    Bram Leland Scolnick

    ALTERRA REALTY GROUP (305) 778-8499

    Listing agent Bram Scolnick (305) 778-8499 License #3035462

    Listing date Jan 26, 2026

    MLS# A11916563 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Vero Beach Warehouse with Loading

    This warehouse property, located in Vero Beach, Florida, offers approximately 14,000 square feet of industrial space suitable for storage or light use. The concrete shell building features sprinklers, 3-phase power, and a clear ceiling height of 20 feet. Multiple loading docks facilitate efficient operations. The property includes some built-out office and storage space, along with steel storage shelves and limited storage cages. Ample on-site parking is available. Additional office space is also available. The location provides convenient access to US-1 and local Vero Beach commerce centers. It is approximately 9 miles from I-95, offering quick highway access and strong connectivity to the surrounding Treasure Coast and Central Florida markets. Regional air access is available via JetBlue, American Airlines, and Breeze Airways, all flying into Vero Beach Regional Airport. The property has 24-hour access. The minimum lease length is one year, with options for 3- to 10-year leases. The zoning is IG.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Indian River Eco ... Establishment Atlas Organics Mulch Supplier

    Suggested Use

    Building Supply Department Store Garden Center Plumbing Service Coworking Space

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.4822057
    Latitude
    27.5873332

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    FAQs

    What type of property is this?
    Warehouse - 14,000 SF warehouse with loading docks and ample parking.
    Where is this warehouse located?
    The property is located at 925 SW 74Th Ave SW Vero Beach, FL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - ±14,000 SF warehouse space available.; - Multiple loading docks for efficient operations.; - 20 FT clear ceiling height.
    (305) 778-8499
    Request Owner's contact information
    925 SW 74Th Ave SW Vero Beach, FL 32968
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    Vero Beach, FL 32968
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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
    925 SW 74Th Ave SW Vero Beach, FL 32968
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    We can help!
    Listing Contact
    Bram Leland Scolnick
    Bram Leland Scolnick
    Real Estate License ID: 3548771
    (305) 778-8499
    Learn more
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