Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5115 Indian Riv Blvd Vero Beach, FL 32967-7274

    • Hotels
    • 50,487 SF
    • 3.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-4087198
    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.

    Current Use by Public Records

    • SpringHill Suites Vero Beach / Hotel / Meeting Planning Service
    • 5115 Indian River Blvd Parking / Parking Lot
    • Vero Hotel / Hotel

    Property Details for 5115 Indian Riv Blvd

    Year built
    2009
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.15 lot acres
    Property size
    50,487 SF
    Zone code
    CL
    Property type
    Hotels
    APN
    32-39-23-00000-3000-00002.1
    APU
    9223372036854775807

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.4086
    Latitude
    27.6864
    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
    $46,339
    $349,896
    $2,788,886
    $3,138,782
    -
    $349,896
    $2,788,886
    $3,138,782

    Comparable in this City

    • Value Estimation by Request

      6420 Us Highway 1

      Land
      6420 Us Highway 1, Vero Beach, FL 32967
      View Details
    • Value Estimation by Request
      4,864 SF

      5720 Us-1

      Automotive properties • 4,864 SF
      5720 Us-1, Vero Beach, FL 32967
      View Details
    • Value Estimation by Request

      7715 102Nd Ave

      Specialty properties
      7715 102Nd Ave, Vero Beach, FL 32967
      View Details
    • Value Estimation by Request
      2.06 Acres

      6085 Us Hwy 1st 1

      INDUSTRIAL - VACANT LAND • 2.06 Acres
      6085 Us Hwy 1st 1, Vero Beach, FL 32967-7538
      View Details
    • Value Estimation by Request
      0.56 Acres

      Us Hwy 1st 1

      INDUSTRIAL - VACANT LAND • 0.56 Acres
      Us Hwy 1st 1, Vero Beach, FL 32967
      View Details
    • Value Estimation by Request
      0.84 Acres

      Us Hwy 1st 1

      VACANT COMMERCIAL LAND • 0.84 Acres
      Us Hwy 1st 1, Vero Beach, FL 32967
      View Details

    Similar Nearby for Sale

    • $599,000
      2.60 Acres

      7985 Us-1

      Land • 113,256 SF
      7985 Us-1, Vero Beach, FL 32967
      View Details
    • $37,500

      Vero Beach Commercial Land Investment

      9,148 SF Lot, Prime Location
      8546 106Th Ave, Vero Beach, FL 32967
      View Details
    • $65,000

      Vero Beach Commercial Land Investment

      Prime .30-Acre Corner Lot, $65,000
      8415 97Th Ave, Vero Beach, FL 32967
      View Details
    • $44,500

      Vero Beach Corner Lot - Build Your Dream Home

      Prime Vero Beach lot, ideal for new construction.
      7715 102Nd Ave, Vero Beach, FL 32967
      View Details
    • $855,000
      2.55 Acres

      Vero Beach Industrial Land Development

      2.55 Acres, Site Plan Approved, $855,000
      4400 77Th St, Vero Beach, FL 32967
      View Details
    • $490,000
      1,657 SF

      Vero Beach Mixed-Use Investment

      Restaurant and 7-unit rooming house in Vero Beach, Florida.
      4410 38Th Ave, Vero Beach, FL 32967
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Vero Beach Commercial Land Opportunity

      1.41-acre lot, prime retail location
      5330 Us-1, Vero Beach, FL 32967
      View Details
    • $1,100 /Mo
      3,186 SF

      Prime US-1 Commercial Space

      Second-floor office, high visibility.
      8104 Us Highway 1, Vero Beach, FL 32967
      View Details
    • $16 SF/Yr
      8,110 SF

      Vero Beach Retail/Office Space

      Prime Vero Beach location, 1,345-5,508 SF available.
      2190 45Th St, Vero Beach, FL 32967
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Commercial land available for lease in growing retail area.
      5330 Us Highway 1, Vero Beach, FL 32967
      View Details
    • $1,500 /Mo

      Renovated Apartment Near Vero Beach

      Renovated 1/1 apartment in Vero Beach, near the beach.
      4410 26Th Ave, Vero Beach, FL 32967
      View Details
    • $3 SF/Yr
      36,000 SF

      Vero Beach Industrial Warehouse Space

      13 Suites, 6,000 SF Available, Vero Beach
      3807 65Th St, Vero Beach, FL 32967
      View Details

    Property Visit Statistics

    • Visits by month
      7.4k
    • Visitors by month
      2.0k
    • Avg Time on site
      417 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5115 Indian Riv Blvd
    Vero Beach, FL 32967-7274
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.