Financial
Distress signals
Property profile

2190 45Th St Vero Beach, FL 32967

FOR LEASE
Retail space
Property ID
US18-0519502
24,249 SF 2.35 ac lot Built 2007
Last sale Feb 2013 · $4,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial property is configured for uses including retail, medical, or office and is situated on a corner along US Hwy 1. The building features impact glass storefronts, provides building and monument signage, and has ceiling heights exceeding 14 feet. It includes interior buildout/tenant improvement support, and available units include spaces 101–104 with a total of 5,400 square feet and spaces 105–106 with a total of 2,700 square feet. The property is zoned CG (Commercial General) and is served by county water and sewer services, with FPL utilities available.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$44k
Tax billed · 2023
Assessed value$2.63M
Assessed land$870k
Assessed improvement$1.76M
Effective rate1.66%

Value estimate

· Sep 2026
$3.57M
$3.21M – $3.92M
CAP approach$3.59M
Submarket $/SF estimate$3.26M
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 56,391.30% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$216/SF
Submarket average, outlier-cleaned · 71 recorded sales of this use type
Observed band · Q1–Q3$129 – $336

Cap rate analysis

How does the asset earn?
56,391.30%
$13k 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?
CG
JurisdictionINDIAN RIVER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.8
Realty agency11.5
HVAC Service10.5

Location

2190 45Th St Vero Beach, FL 32967
County assessor Recorded deeds · 6 transfers Qualifying 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

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4490 43rd, Vero Beach, FL 32967-1001 $1,810,000 Oct 2024 8,192 SF
4105 Us Hwy 1st, Vero Beach, FL 32967-1554 $3,100,000 Dec 2022 7,610 SF
9320 90th, Vero Beach, FL 32967-3552 $10,250,000 Aug 2020 1,720 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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?”
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