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    2190 45Th St Vero Beach, FL 32967

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    2190 45Th St Vero Beach, FL 32967


    • Retail space
    • 24,249 SF
    • 2.35 lot acres
    Prime Highway Corner Retail/Office For Lease
    $3,565,000
    5,400 SF

    Prime Highway Corner Retail/Office

    Retail, medical, or office space available on US Hwy 1.

    2190 45th St, Vero Beach, FL 32967
    View Listing
    Property ID
    US18-0519502
    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

    • Planet Pet Animal Hospital / Veterinary Clinic
    • Q-Nails & Co. / Nail Salon
    • Zafè’m Caribbean Restaurant / Restaurant

    Property Details for 2190 45Th St

    Year built
    2007
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.35 lot acres
    Property size
    24,249 SF
    Zone code
    CG
    Property type
    Retail space
    APN
    32-39-23-00000-5000-00028.0
    APU
    9223372036854775807

    Description

    This exceptional commercial property in Vero Beach, Florida, offers flexible retail and office space within a well-maintained shopping strip center. Two units are available, totaling between 1,345 and 5,508 square feet, with the potential for division to accommodate various business needs. The space boasts a highly desirable corner location on US Highway 1, a busy, signaled intersection with a daily traffic count of 22,317 vehicles. Ample parking is provided for customers and employees. The property features lush landscaping and is situated near numerous residential communities, benefiting from strong local demographics and significant commercial growth in the area. The space is currently zoned (CG) Commercial General and includes access to county water, sewer, and FPL utilities. A turnkey medical space is also available. The lease rate is $16.00 per square foot, plus $7.00 per square foot for common area maintenance, plus sales tax. Special landlord incentives, including free rent, are available. This presents a unique opportunity for businesses seeking a high-visibility location with excellent accessibility and strong growth potential in a thriving Vero Beach market. The property is located at 2190 45th St, Vero Beach, FL 32967.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,885,000
      6.5%
      $3,585,000
      7%
      $3,330,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,256,000
      Market price range: $829k - $5.36M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,230,000
      Current use
      MEDICAL BUILDING
      $5,815,000
      Change: +11% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $5,260,000
      Change: +1% Conversion: Difficult
      OFFICE BUILDING
      $5,050,000
      Change: -3% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $4,560,000
      Change: -13% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.4065
    Latitude
    27.6753
    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
    $43,662
    $870,111
    $1,762,377
    $2,632,488
    -
    $870,111
    $1,762,377
    $2,632,488
    View Listing
    More about this property
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