New search
Property profile & analytics
OFF-MARKET
Estimated value
$12,020,000
Assisted living facilities
4150 Indian Riv Blvd, Vero Beach, FL 32967-7224
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-3239849
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
68,166 SF
Lot
4.36 ac (189,922 SF)
Zoning code
RM-8
APN
32-39-25-00000-3000-00005.1
UPID
US18-3239849
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
-
Fit Rehab & Consultants Inc Rehabilitation Center
-
Heron Cove Assisted Living & Memory Care of Vero Beach Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.02M
Owner & transaction history
Epc Guardian LLC · 5 yrs held
Epc Guardian LLC
since 2021
Last sale
$12.0M
5 recorded transactions
Zoning & alternative use
RM-8 · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$16.8M
+846.2%
Apartment house (5+ units)
$11.5M
+551.0%
Restaurant
$8.7M
+391.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Vero Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vero Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$15,155,000
ML approach
$12,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$16,775,000
Change: +846% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$11,540,000
Change: +551% · Conversion: Difficult
RESTAURANT
$8,710,000
Change: +391% · Conversion: Difficult
MEDICAL BUILDING
$8,640,000
Change: +387% · Conversion: Difficult
OFFICE BUILDING
$8,505,000
Change: +380% · Conversion: Difficult
RETAIL STORES
$7,230,000
Change: +308% · Conversion: Difficult
Blend value · Realmo final
$12.02M
Range $10.82M – $13.22M · ±10% · vs last sale $11.96M (Feb 10 2021)
Last sale anchor
$11.96M
Feb 10 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$176 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$93,165
Tax year 2023
Assessed value
$5,459,651
Assessed 2023
Previous assessed
$5,462,098
0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$222,360
Assessed improvement
$5,237,291
Land market value
$222,360
Improvement market value
$5,237,291
Total market value
$5,459,651
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
85
Total area
68,166 SF
Lot
4.36 ac (189,922 SF)
Zoning code
RM-8
APN
32-39-25-00000-3000-00005.1
UPID
US18-3239849
Jurisdiction
INDIAN RIVER
Zoning & alternative use
RM-8 · Vero Beach, FL
Zoning RM-8 · permitted uses
RM-8 · Vero Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vero Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$16.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.5M
RESTAURANT
Est. value
$8.7M
MEDICAL BUILDING
Est. value
$8.6M
OFFICE BUILDING
Est. value
$8.5M
RETAIL STORES
Est. value
$7.2M
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
85
Lot
4.36 ac
Current owner
From public records · entity-resolved
Epc Guardian LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4500 DORR ST, TOLEDO, OH 43615-4040
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2021
$11,964,000
Epc Guardian LLC
Dsts LLC
Special Warranty Deed
—
May 2, 2017
—
Dsts LLC
—
Deed
related
$381,330 · Us Bk
Jan 3, 2011
$19,000,000
Dsts LLC
Rpvb LLC
Grant Deed
—
—
—
Rpvb LLC
—
Deed Of Trust
related
$12,000,000 · Synovus Bank
—
—
Dsts LLC
—
Loan Modification
related
$381,330 · Us Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 4150 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 →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
