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    5195 20Th St Vero Beach, FL 32960

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    For Lease
    $1,250,000

    Retail space in Vero Beach's major retail hub.

    Property size:
    3,600 SF
    Lot size:
    0.99 Acres

    Property Features for 5195 20Th St

    General Information

    Size
    3,600 SF
    Lot size
    0.99 Acres

    Source: Konover South - Corporate Agent Lindsey Walker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Outparcel Near Indian River

    This retail property is located in Vero Beach's retail corridor near the Indian River Mall. The property benefits from traffic light access at 53rd Avenue. It is adjacent to and has cross access with Walmart, Sam's Club, Applebee's, and Sonny's BBQ. An approximately 3,600 square foot outparcel is available on an approximately 1.99 acre lot for ground lease or build-to-suit opportunities. The location is in the area's major retail hub, which includes the Indian River Mall and multiple power centers.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -80.4399969
    Latitude
    27.6373773

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    FAQs

    What type of property is this?
    Retail space - Retail space in Vero Beach's major retail hub.
    Where is this retail space located?
    The property is located at 5195 20Th St Vero Beach, FL.
    What are key features of this property?
    This property features: - Traffic light access at 53rd Avenue.; - Adjacent to Super Walmart, Sam’s Club, Applebee's and Sonny's BBQ with cross access.; - Located in area's major retail hub near Indian River Mall and multiple power centers.
    (954) 354-8282
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    5195 20Th St Vero Beach, FL 32960
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    Vero Beach, FL 32960
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    Realmo Value Estimation

    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.

    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.

    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
    5195 20Th St Vero Beach, FL 32960
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