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    Property profile & analytics

    1919 94Th Ct Vero Beach, FL 32966

    • Retail space
    • 2,536 SF
    • 0.95 lot acres
    For Lease
    View listing
    $23 SF/Yr
    Value Estimation
    $465,000
    Last Sale
    Jan 13, 2025
    $490,000
    Location Intelligence
    Property ID
    US18-4960631
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 1919 94Th Ct

    Year built
    1995
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.95 lot acres
    Property size
    2,536 SF
    Zone code
    CG
    Property type
    Retail space
    APN
    33-38-03-00007-0000-00004.0
    APU
    9223372036854775807

    Description

    This exceptional special-purpose property at 1919 94th Court in Vero Beach, Florida, presents a unique investment opportunity. The 2,316 square foot building sits on a sizable 0.95-acre lot, providing ample space for a variety of commercial uses. The property is zoned CG (General Commercial), offering considerable flexibility for potential tenants. With approximately 42 parking spaces available, there is no shortage of convenient parking for customers and employees. The single-tenant occupancy allows for a straightforward lease arrangement. The property's address is 1919 94th Court, Vero Beach, FL 32966, and its APN is 33380300007000000004.0. This property is also available for sale through a separate listing. This is an amazing lease opportunity in a desirable Vero Beach location. The expansive lot size and generous parking make this an attractive option for businesses needing significant space and accessibility. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $460,000

    • CAP approach

      CAP return
      Estimation
      6%
      $570,000
      6.5%
      $590,000
      7%
      $590,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $525,000
      Geo Method
      $570,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $455,000
      Retail
      $465,000
      Mixed-Use
      $495,000
      Hospitality
      $400,000
      Educational
      $455,000
      Residential Income
      $420,000
      Energy
      $420,000
      Income-Based Land
      $495,000
      Food Service
      $400,000

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.5219
    Latitude
    27.6382
    CBSA code
    42680
    CBSA name
    SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,162
    $140,417
    $176,664
    $317,081
    -
    $140,417
    $176,664
    $317,081

    Comparable in this City

    • Value Estimation
      $1,410,000
      8,280 SF

      8710 20th St

      RETAIL STORES (PERSONAL SERVICES) • 8,280 SF
      8710 20th St, Vero Beach, FL 32966-6956
      View Details
    • Value Estimation
      $1,390,000
      5,704 SF

      4800 20th St

      RETAIL STORES (PERSONAL SERVICES) • 5,704 SF
      4800 20th St, Vero Beach, FL 32966-2215
      View Details
    • Value Estimation
      $330,000
      6,464 SF

      1950 44th Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,464 SF
      1950 44th Ave, Vero Beach, FL 32966-2231
      View Details
    • Value Estimation by Request
      8,999 SF

      6280 20th St

      RETAIL STORES (PERSONAL SERVICES) • 8,999 SF
      6280 20th St, Vero Beach, FL 32966-6484
      View Details
    • Value Estimation by Request
      11,200 SF

      5825 20th St

      RETAIL STORES (PERSONAL SERVICES) • 11,200 SF
      5825 20th St, Vero Beach, FL 32966-1018
      View Details
    • Value Estimation by Request
      7,220 SF

      6310 20th St

      RETAIL STORES (PERSONAL SERVICES) • 7,220 SF
      6310 20th St, Vero Beach, FL 32966-1097
      View Details

    Similar Nearby for Sale

    • $299,900

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      Retail property with kitchen, reception, offices, and bay doors.
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      Retail property with value-add potential and strong demographics.
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    • $800,000
      0.98 Acres

      Vero Beach Retail Pad - Ready to Build

      Prime QSR site, high traffic, vacant lot.
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    Similar Nearby for Lease

    • Contact for pricing
      3,251 SF

      Vero Beach Retail Space

      Retail space available for lease in Vero Beach, Florida.
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    • $25 SF/Yr
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      Vero Beach Retail Space Available

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    • $14 SF/Yr

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      View Details
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    1919 94Th Ct
    Vero Beach, FL 32966
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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