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    637 2Nd Ln E Vero Beach, FL 32962

    For Sale
    $215,000

    900 sq ft commercial condo, versatile space, heavy commercial zoning.

    Building Details

    Year built
    1988

    Source: Alex MacWilliam, Inc. Agent T.P. Kennedy

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

    Overview

    Commercial Condo with Flexible Space

    This commercial condo offers 900 sq. ft. of flexible space. Constructed with solid concrete block, the unit features a roll-up garage door and two personnel doors. The property is equipped with separately metered FPL power. The interior layout includes a bathroom and office area. Zoned Commercial Heavy, the unit is suitable for various uses such as auto repair, storage for boats and RVs, office space, contractor trades, or flex warehouse needs. It is suited for owner-users or investors seeking functional commercial space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ronald Smith Classic ... Used Car Dealer Vista-Lite Dome Ceilings Dry Wall Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

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

    Similar Places Nearby

    Express Catering Co Inc, Cheers & Chasers Mobile Bar

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.386209
    Latitude
    27.6060132

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    FAQs

    What type of property is this?
    Flex space - 900 sq ft commercial condo, versatile space, heavy commercial zoning.
    Where is this flex space located?
    The property is located at 637 2Nd Ln E Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: - 900 sq ft commercial condo with flexible use space; - Zoned Commercial Heavy, allowing for a wide range of uses (auto repair, storage, office, etc.); - Features a roll-up garage door and two personnel doors
    (772) 473-2521
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    637 2Nd Ln E Vero Beach, FL 32962
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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
    637 2Nd Ln E Vero Beach, FL 32962
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