Financial
Distress signals
Property profile

1991 74Th Ave Vero Beach, FL 32966

FOR LEASE
Office buildings
Property ID
US18-0450039
14,326 SF 2.83 ac lot Built 1991
Last sale Oct 2014 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value$1.66M
Assessed land$420k
Assessed improvement$1.24M
Effective rate1.51%

Value estimate

· Sep 2026
$2.57M
$2.31M – $2.83M
CAP approach$2.52M
Sales comparison$3.29M
NOI build-up
Gross scheduled income$87k
Vacancy & credit loss−$16k
Operating expenses−$18k
NOI · 288,637.84% cap applied$53k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$208/SF
Submarket average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$110 – $314

Cap rate analysis

How does the asset earn?
288,637.84%
$53k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CN
JurisdictionINDIAN RIVER

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant35.2
Realty agency33.2
Building Supply30.0

Location

1991 74Th Ave Vero Beach, FL 32966
County assessor Recorded deeds · 4 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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