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Property profile & analytics
OFF-MARKET
Retail space

573 27th SW Ave Vero Beach, FL 32968-4202

2,870 SF 0.33 ac lot Built 1984
Entity Owned Absentee Owner Free & Clear
Property ID
US18-2578043
Property summary
AI-generated overview

This exceptional single-tenant retail property, located at 573 27th Ave SW in Vero Beach, Florida (zip code 32968), presents a lucrative investment opportunity. The property encompasses a 3,440 square foot building situated on a 0.33-acre lot. Currently operating as a thriving convenience store, the business boasts impressive monthly sales figures. The store generates approximately $35,000 in monthly grocery and beer sales, supplemented by a consistent $2,500 monthly lottery commission. Furthermore, the cash checking services yield nearly $80,000 per week in additional revenue. The property's current monthly rent is $4,000. The asking price includes $165,000 for business goodwill, with inventory priced at cost. This one-story building offers a prime location in the heart of Vero Beach, providing excellent visibility and accessibility. The property's strong financial performance, coupled with its desirable location, makes it an attractive investment for discerning buyers seeking a high-return opportunity in a stable market. The property is zoned for retail use and is ready for immediate occupancy. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,870 SF
Lot 0.33 ac (14,375 SF)
Zoning code CL
APN 33-39-22-00002-0001-00002.0
UPID US18-2578043
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
  • South County Discount Beverage Grocery & Convenience Store
  • Orlandi Valuta Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
PATSON INCORPORATED
PATSON INCORPORATED
Zoning & alternative use
CL · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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