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    755 4Th St Vero Beach, FL 32962

    For Lease
    $18 SF/Yr

    Prime Vero Beach Convenience Store

    Lot size:
    1,364 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a 1,364 square foot single-tenant flex space ideally situated within a Vero Beach gas station. Currently operating as a convenience store, this property offers a proven track record of profitability, generating a cash flow of $19,000 in March 2024. The property's classification as both industrial and retail reflects its versatile nature and potential for diverse uses. The single-tenant occupancy simplifies management and minimizes vacancy risks. The building comprises a single suite, streamlining operations and maintenance. This turnkey operation is perfect for an investor seeking immediate income generation and a strong return on investment. The location in Vero Beach offers excellent visibility and accessibility, ensuring high customer traffic. The property's existing convenience store setup provides a solid foundation for continued success, with the potential for further expansion or adaptation to suit evolving market demands. This is a rare chance to acquire a profitable, established business in a desirable location. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Financial records are available upon request to qualified buyers.

    Property Features for 755 4Th St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,364 SF

    Unit(s) available at that property

    Space
    Size
    1,364 SF
    Rate per SF
    $18

    HighLights

    • 1,364 sq. ft. flex space, combining industrial and retail uses.
    • Single‑tenant occupancy.
    • Convenience store within a gas station in Vero Beach.
    • March 2024 cash flow: $19,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chevron Gas Station CoinFlip Bitcoin ATM Bank LibertyX Bitcoin ATM Atm ATM Atm

    Suggested Use

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

    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
    -80.388068
    Latitude
    27.6086377

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    FAQs

    What type of property is this?
    Individual retail property - Prime Vero Beach Convenience Store
    Where is this individual retail property located?
    The property is located at 755 4Th St Vero Beach, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 1,364 sq. ft. flex space, combining industrial and retail uses.; Single-tenant occupancy.; Convenience store within a gas station in Vero Beach.
    Request Owner's contact information
    755 4Th St Vero Beach, FL 32962
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    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
    755 4Th St Vero Beach, FL 32962
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