Property profile

1605 Us Hwy 1st 1 Vero Beach, FL 32960

OFF-MARKET
Turn key restaurants
Property ID
US18-0519499
2,676 SF 0.63 ac lot Built 1979
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,676 SF
Lot 0.63 ac (27,443 SF)
Zoning code C-1
APN 33-39-01-00045-0000-00000.3
UPID US18-0519499

Cap rate & NOI

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

Location

1605 Us Hwy 1st 1 Vero Beach, FL 32960-5542
Vero Beach metro Census 50401 SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2017
2 recorded transactions
2017
$1.4M
2002
$600,000

Zoning & alternative use

C-1 · Vero Beach, FL
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…

General category COMMERCIAL

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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