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Property profile & analytics
OFF-MARKET
Auto shops
1526 Old Dixie Hwy Vero Beach, FL 32960-3655
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-4824246
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,696 SF
Lot
0.69 ac (30,056 SF)
Zoning code
M
APN
33-39-12-00000-3000-00016.0
UPID
US18-4824246
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
Current use
Occupant on record · Public records
-
JORDAN MOWERS (Bike/Boat/Book/etc) Store Garden Center
-
Goodknight Lawn Equipment (Bike/Boat/Book/etc) Store Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Myl Properties LLC · 7 yrs held
Myl Properties LLC
since 2018
3 recorded transactions
Zoning & alternative use
M · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is designed to accommodate a wide range of industrial and related uses which conform to a high level of performance standards. Industrial establishments of this type within completely enclosed buildings shall, wherever practical, provide a buffer between commercial districts and other higher intensive industrial uses
Zone name
Industrial
General category
INDUSTRIAL
Zone area
275.14 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Vero Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vero Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,255
Tax year 2023
Assessed value
$382,182
Assessed 2023
Previous assessed
$385,894
-1.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$128,074
Assessed improvement
$254,108
Land market value
$128,074
Improvement market value
$254,108
Total market value
$382,182
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
6,696 SF
Lot
0.69 ac (30,056 SF)
Zoning code
M
APN
33-39-12-00000-3000-00016.0
UPID
US18-4824246
Jurisdiction
INDIAN RIVER
Zoning & alternative use
M · Vero Beach, FLZoning M · permitted uses
M · Vero Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is designed to accommodate a wide range of industrial and related uses which conform to a high level of performance standards. Industrial establishments of this type within completely enclosed buildings shall, wherever practical, provide a buffer between commercial districts and other higher intensive industrial uses
Zone name
Industrial
General category
INDUSTRIAL
Zone area
275.14 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Myl Properties LLC
Entity
Mailing address
1526 OLD DIXIE HWY, VERO BEACH, FL 32960-3655
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2018
$625,000
Myl Properties LLC
Jordan Mower INC
Warranty Deed
$2,177,100 · Wells Fargo Bank NA
Aug 4, 2014
—
Marshall K Goodknight
Goodknight,margaret A
Quit Claim Deed
related
—
Aug 4, 2014
$225,000
Jordan Mower INC
Goodknight,marshall K
Warranty Deed
$202,500 · Marshall K Goodknight
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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