Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $1,850,000
    Medical Office Space

    2750 Indian Riv Blvd, Vero Beach, FL 32960-5225

    9,217 SF 0.69 ac lot Built 1985
    Individually Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US18-0510441
    Property summary
    AI-generated overview

    This exceptional Vero Beach office building, constructed in 1994, offers two available suites ideal for medical or traditional office use. The building boasts a total of 16,428 square feet across three stories and is classified as Class B. One suite, located on the ground floor of the south building, comprises 7,000 square feet and is ready for immediate occupancy. This space is highly adaptable and could suit a variety of office configurations. The second available suite, situated on the third floor of the north building, offers 3,454 square feet of existing medical space. This area is already equipped with eight exam rooms, three offices, a reception area, two restrooms, and a lobby, making it perfect for a medical practice. The building features excellent signage, a large parking lot including private covered parking, and a portico. The south building's first floor is currently configured as an administrative floor with a large reception and sales area, offices, a conference room, records storage, a full kitchen, and a breakroom. The property benefits from its proximity to a hospital (less than two miles away) and high traffic volume, with 37,655 vehicles passing daily (2020 data). Utilities include city water and sewer, and electricity is provided by FPL. The building is zoned (C-1B) General Commercial Trades & Services. The lease rate is $32.00 per square foot gross, plus sales tax and utilities.

    Property profile
    Verified
    Property type Medical Office Space
    Use group DENTAL BUILDING
    Year built 1985
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 9,217 SF
    Lot 0.69 ac (30,056 SF)
    Zoning code C-1B
    APN 32-39-36-00010-0000-00001.2
    UPID US18-0510441
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Deborah L. Riddle, CRNA Physician
    • Aesthetics Center of The Florida Eye Institute Medical Clinic Skin Care Clinic
    • James Belville Ophthalmologist
    • Dr. John Zudans Ophthalmologist
    • Florida Eye Institute Optician Surgical Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.92M
    Comparable Approach Comparable
    $2.34M
    Blend (final) Blend
    $1.85M
    Owner & transaction history
    Florida Eye Institute Pa · 9 yrs held
    Florida Eye Institute Pa
    since 2016
    2 recorded transactions
    2016
    1969
    Zoning & alternative use
    C-1B · Vero Beach, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 2750 Indian Riv Blvd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message