Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9015 Americana Rd Vero Beach, FL 32966
    Back to Search
    Property profile & analytics

    9015 Americana Rd Vero Beach, FL 32966

    View on Map
    • Office properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Raymond James Financial Services / Financial Advisor
    • Polo Grounds / Ranch
    • Prescription Assistance / Pharmacy
    • Atlantic Central District Office / Church
    • Compassion Healthcare / Physician

    Property Details for 9015 Americana Rd

    Property type
    Office properties & Spaces

    Description

    This 1,160 square foot executive office condo, unit #5, is ideally located to serve West Vero and surrounding areas. Built in 2005, the property features a concrete block construction, metal roof, and impact glass storefront, ensuring both durability and security. The interior boasts high ceilings, a well-equipped kitchen, a dedicated reception area, and two to three private offices, providing ample space for a variety of business needs. Rear access is facilitated by bay doors, offering convenient loading and unloading capabilities. The property is zoned CG (Commercial General) and utilities include county water, sewer, and FPL electricity. Lease price is $1,740 per month plus sales tax, translating to $18.00 per square foot. This single-tenant space presents a turnkey solution for businesses seeking a modern and functional office environment in a strategic location. The combination of robust construction, practical layout, and convenient access makes this an exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.5131
    Latitude
    27.6363

    Comparable in this City

    • Value Estimation by Request
      21,000 SF

      1960 Pointe Dr

      Medical Office Space • 21,000 SF
      1960 Pointe Dr, Vero Beach, FL 32966
      View Details
    • Value Estimation by Request
      2,494 SF

      1924 44th Ave

      OFFICE BUILDING • 2,494 SF
      1924 44th Ave, Vero Beach, FL 32966-2280
      View Details
    • Value Estimation
      $530,000
      3,003 SF

      7925 20th St

      OFFICE BUILDING • 3,003 SF
      7925 20th St, Vero Beach, FL 32966-1318
      View Details
    • Value Estimation by Request
      3,740 SF

      1895 90th Ave

      OFFICE BUILDING • 3,740 SF
      1895 90th Ave, Vero Beach, FL 32966-6619
      View Details
    • Value Estimation
      $2,570,000
      14,326 SF

      1991 74th Ave

      OFFICE BUILDING • 14,326 SF
      1991 74th Ave, Vero Beach, FL 32966-5110
      View Details
    • Value Estimation
      $8,635,000
      64,392 SF

      1890 82nd Ave

      OFFICE BUILDING • 64,392 SF
      1890 82nd Ave, Vero Beach, FL 32966
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,359 SF

      Prime Commercial Land on SR 60

      4.99 acre commercial land with frontage on SR 60.
      8525 20Th St, Vero Beach, FL 32966
      View Details
    • $319,900

      Vero Beach Office Unit

      Office unit with kitchen, reception, and rear access.
      9035 Americana Rd, Vero Beach, FL 32966
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Ground Floor Office Space Available

      Premier office space with numerous windows and high ceilings.
      1991 74Th Ave, Vero Beach, FL 32966
      View Details
    • Contact for pricing

      Office Condo Available for Rent

      Office condo for rent in Vero Beach, available March 2025.
      9015 Americana Rd, Vero Beach, FL 32966
      View Details
    • Contact for pricing

      Vero Beach Commercial Land

      Commercial land available for lease in Vero Beach, Florida.
      5195 20Th St, Vero Beach, FL 32966
      View Details
    • Contact for pricing
      3,235 SF

      Vero Beach Retail Space

      Retail space available for lease in Vero Beach, Florida.
      5820 20Th St, Vero Beach, FL 32966
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9015 Americana Rd
    Vero Beach, FL 32966
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9015 Americana Rd, Vero Beach, FL, 32966
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!