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Property profile & analytics
OFF-MARKET Estimated value $14,725,000
Medical Office Space

3955 Indian Riv Blvd Vero Beach, FL 32960-4814

67,334 SF 9.63 ac lot Built 2021
Entity Owned 7-yr Hold Free & Clear
Property ID
US18-7202638
Property summary
AI-generated overview

This exceptional Class A medical office building, situated at 3955 Indian River Blvd in Vero Beach, FL 32960, offers 7,000 square feet of immediately available space in a prime Medical District location. Built in 2021, this two-story building boasts 67,334 total square feet, with a minimum divisible space of 1,700 square feet and a maximum contiguous space of 7,000 square feet. The building features modern architectural design, recently recognized for its aesthetic appeal, and enjoys excellent visibility along Indian River Blvd, a high-traffic area. Amenities include ample parking and elevators. The property is zoned MED and benefits from a tenant improvement allowance. This is a rare opportunity to lease state-of-the-art space in a thriving medical community, ideal for practices seeking efficient and attractive office suites. The building's contemporary façade and design make it a recognizable landmark. This location offers easy access and high visibility, making it an excellent choice for medical professionals seeking a prestigious address. The available space is perfect for build-to-suit opportunities, allowing for customization to meet specific practice needs.

Property profile
Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 2021
Construction CONCRETE
Total area 67,334 SF
Lot 9.63 ac (419,483 SF)
Zoning code MED
APN 32-39-25-00000-5000-00001.0
UPID US18-7202638
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
  • Monica Mercer Physician
  • Bryan J Disabato Physician
  • Michael Saraceno Physician
  • Melissa Fischel Physician
  • Alexander Dees Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$14.02M
Comparable Approach Comparable
$19.45M
Blend (final) Blend
$14.73M
Owner & transaction history
Vero Beach Mob LLC · 7 yrs held
Vero Beach Mob LLC
since 2019
5 recorded transactions
2020
Price N/A
2019
Price N/A
2019
$2.0M
2007
$4.8M
1969
Price N/A
Zoning & alternative use
MED · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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