Vero Beach Office For
148 Vista Royale Blvd Vero Beach, FL 32962
For Sale
Contact for pricing
Office space available in Vero Beach, Florida, totaling 4,236 SqFt.
Property Size4,236 SF
Price / SF$165.01
Days on Market919
Property Features for 148 Vista Royale Blvd
General Information
- Standard status
- Active
- Size
- 4,236 SF
- Property subtype
- Office
Building Details
- Year Built
- 1989
Listing Agency:
KW Commercial Jupiter
Listed By:
Jim Read · License #FL BK448938
Source:
Crexi
Added: Jan 19, 2024
Changed: Jul 10
Last Checked: Jul 26 at 6:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Jupiter
Investment Insights
Based on property information with market context.
This commercial property in Vero Beach, Florida, offers 4,236 square feet of office space. The property is suitable for office use.
Key Highlights
- Office Space available
- 4,236 SqFt of space
- Built in 1989
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.7k | $17.40 |
| − Vacancy | −$13.3k | −$3.13 |
| EGI | $60.4k | $14.27 |
| − OpEx | −$15.1k | −$3.57 |
| NOI | $45.3k | $10.70 |
4,236 SF · lease $17.40/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$647.6K
$566.6K – $755.5K
NOI $45,329 @ 7.0% cap · market cap 6.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$929.0K
$812.9K – $1.08M
NOI $65,028 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
talk2me 2-way digital ...
Telecommunications Service
FAQs
What type of property is this?
Office units - Office space available in Vero Beach, Florida, totaling 4,236 SqFt.
Where is this office units located?
The property is located at 148 Vista Royale Blvd Vero Beach, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Office Space available; 4,236 SqFt of space; Built in 1989
