Property profile

1247 16Th St Vero Beach, FL 32960

FOR LEASE
Warehouses
Saved · see the list in your Dashboard
Property ID
US18-0649535
4,000 SF 0.26 ac Built 1961
Last sale Dec 2021·$400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$230k
Assessed land$77k
Assessed improvement$153k
Effective rate0.46%

Value estimate

· Nov 2026
$470k
$423k – $517k
AI approach$385k
NOI build-up
Gross scheduled income$59k
Vacancy & credit loss−$3k
Operating expenses−$17k
NOI$39k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$147/SF
Submarket average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$84 – $211

Cap rate analysis

How does the asset earn?
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M
This district is designed to accommodate a wide range of industrial and related uses which conform to a high level of performance standar...
General categoryINDUSTRIAL
JurisdictionINDIAN RIVER

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.4
Watch Repair Shop9.2
Butcher9.2

Location

1247 16Th St Vero Beach, FL 32960
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1140 17th, Vero Beach, FL 32960 $220,000 Aug 2024 1,800 SF
931 12th, Vero Beach, FL 32960-6718 $500,000 May 2024 7,200 SF
925 13th, Vero Beach, FL 32960-5717 $135,000 May 2024 5,580 SF
1731 Commerce, Vero Beach, FL 32960-5559 $2,300,000 Oct 2023 1,950 SF
1802 Wilbur, Vero Beach, FL 32960 $550,000 Mar 2023 4,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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