Property profile

1935 45th St, Vero Beach, FL Vero Beach, FL

OFF-MARKET
Commercial land
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Property summary

AI-generated overview

The property is a commercial land parcel located in Vero Beach, Florida, situated east of U.S. Highway 1. It was previously planned for a residential development consisting of up to 40 townhome units. The site layout and prior planning documentation were created to support residential subdivision and development, with the property positioned near local amenities including beaches, golf courses, and shopping. Road access is supported by proximity to major roadways, facilitating entry for residents and visitors.

Property profile

Verified
Property type Commercial land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1935 45th St, Vero Beach, FL Vero Beach, FL
Vero Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$1.55M

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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