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    1991 74Th Ave Vero Beach, FL 32966

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    1991 74Th Ave Vero Beach, FL 32966


    • Office buildings
    • 14,326 SF
    • 2.83 lot acres
    Ground Floor Office Space Available For Lease
    $2,570,000
    4,990 SF

    Ground Floor Office Space Available

    Premier office space with numerous windows and high ceilings.

    1991 74th Ave, Vero Beach, FL 32966
    View Listing
    Property ID
    US18-0450039
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Seald Sweet International / Agricultural Supply / Food Market
    • Lemnature Aquafarms / Corporate Office

    Property Details for 1991 74Th Ave

    Year built
    1991
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.83 lot acres
    Property size
    14,326 SF
    Zone code
    CN
    Property type
    Office buildings
    APN
    33-38-01-00001-0090-00001.1
    APU
    9223372036854775807

    Description

    This single-tenant, 4,990 square foot office space is located at 1991 74th Ave, Vero Beach, FL 32966. Situated in a Class B building constructed in 1991, this ground floor suite offers a spacious environment with high ceilings and numerous windows. The layout includes a large conference room, break room, male and female restrooms, space for 3-4 workstations in an administrative area, a bullpen accommodating 5-8 workstations, and four executive offices. The property is handicap accessible. The building features approximately 63 on-site parking spaces. The zoning is (CN) Neighborhood Commercial District. Utilities include county water and FPL. The property enjoys high traffic visibility, with 29,435 vehicles passing daily (2021 data). The lease rate is $18.50 per square foot, NNN, plus sales tax. The total building size is 14,326 square feet, and this suite is part of a single-story building.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,725,000
      6.5%
      $2,515,000
      7%
      $2,335,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,292,000
      Market price range: $1.57M - $4.49M
      AI Estimate
      $1,905,000
      Market price range: $744k - $2.65M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,985,000
      Current use
      MEDICAL BUILDING
      $3,435,000
      Change: +15% Conversion: Easy
      AUTO REPAIR, GARAGE
      $3,110,000
      Change: +4% Conversion: Difficult
      RETAIL STORES
      $3,090,000
      Change: +3% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $2,695,000
      Change: -10% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.4802
    Latitude
    27.6384
    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
    $24,960
    $419,737
    $1,237,489
    $1,657,226
    -
    $419,737
    $1,237,489
    $1,657,226
    View Listing
    More about this property
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