Technical
Financial
Distress signals
Property profile

1701 Commerce Ave Vero Beach, FL 32960

OFF-MARKET
Retail space
Property ID
US18-0519520
2,916 SF 0.84 ac lot Built 2005
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2005
Construction STEEL FRAME
Total area 2,916 SF
Lot 0.84 ac (36,590 SF)
Zoning code M
APN 33-39-01-00047-0050-00011.0
UPID US18-0519520

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Propane Supplier Diesel Fuel Supplier

Location

1701 Commerce Ave Vero Beach, FL 32960-5559
Vero Beach metro Census 50401 SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.95M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.91M

Owner & transaction history

since 2023
Last sale
$2.3M
5 recorded transactions
2023
$2.3M
2004
Price N/A
2002
$125,000
1999
$139,400
1969
Price N/A

Zoning & alternative use

M · Vero Beach, FL
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 sha…

General category INDUSTRIAL

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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