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Property profile & analytics
OFF-MARKET Estimated value $3,600,000
Strip malls

1265 Old Dixie Hwy Vero Beach, FL 32960-3746

19,975 SF 2.27 ac lot Built 1996
Entity Owned 3-yr Hold Free & Clear
Property ID
US18-4998673
Property summary
AI-generated overview

This exceptional 2,100 square foot flex space, located at 1265 Old Dixie Hwy in Vero Beach, Florida (zip code 32960), presents a fantastic opportunity for a variety of businesses. The single-tenant building boasts a prime location in a high-visibility plaza, benefiting from significant daily traffic of 9,925 vehicles (2023 data). The property features ample parking, exceeding 4 spaces per 1,000 square feet, ensuring convenient access for customers and employees. The space includes a large glass storefront ideal for showcasing products or services, along with a rear roll-up door perfect for deliveries. Inside, the current layout comprises a reception area, two showrooms, two private offices or storage rooms, and two restrooms. Building and monument signage opportunities are available, further enhancing visibility. The zoning is (C-1) Highway Oriented Commercial, suitable for a range of retail and commercial uses. City water and FPL utilities are in place. The monthly lease rate is $2,950.50 plus sales tax, with additional charges of $13 and $3.86 per square foot for CAM. This property is an excellent choice for businesses seeking a highly visible and functional space in a thriving Vero Beach location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,975 SF
Lot 2.27 ac (98,881 SF)
Zoning code C-1
APN 33-39-12-00000-3000-00022.5
UPID US18-4998673
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.05M
CAP Approach CAP
$4.72M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.60M
Owner & transaction history
Hm Enterprise Real Estate Holdings · 3 yrs held
Hm Enterprise Real Estate Holdings
since 2022
Last sale
$3.3M
2 recorded transactions
2025
Price N/A
2022
$3.3M
Zoning & alternative use
C-1 · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

nation of interpretation of this table. 2. Abbreviations: P = Permitted by Right C = Allowed with a Conditional Use Permit Blank = Use not allowed Allowed uses Commercial Districts: Use s Types B-1 B-2 B-3 B-4 C-1A C-1B C-1 Use Specific Standards Residential Uses - Dwellings Dwellings, live/work unit P Standards in Sec. 67.02(c) apply Dwellings, multiple-fam…

Zone name General Commercial
General category COMMERCIAL
Zone area 121.34 ac
Top alternative use upside
Commercial (general) $4.9M +1,545.1%
Industrial (general) $3.9M +1,206.8%
Apartment house (5+ units) $2.9M +878.5%
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