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Property profile & analytics
FOR LEASE
Turn key restaurants

6070 20Th St Vero Beach, FL 32996

5,383 SF 1.02 ac lot Built 2001
Entity Owned 8-yr Hold Free & Clear
Property ID
US18-0519255
Property summary
AI-generated overview

This exceptional 5,335-square-foot commercial property, located at 6070 20th Street in Vero Beach, Florida, presents a unique opportunity for a single-tenant retail or restaurant business. Situated on a 1.02-acre lot in Indian River County, this property boasts ample parking with 61 spaces, ensuring convenient access for customers and employees. The building is currently vacant, offering a blank canvas for a discerning tenant to customize the space to their specific needs. The zoning designation is CG – Indian River County, allowing for a variety of commercial uses. The property's prime location in Vero Beach offers excellent visibility and accessibility, making it an ideal spot to establish or expand a thriving business. With its generous square footage and ample parking, this property is well-suited for a wide range of retail or restaurant concepts. The property is available for lease and offers a significant opportunity for a business seeking a prominent location in a desirable market. Interested parties are encouraged to inquire for further details and leasing information. The property address is 6070 20th St, Vero Beach, FL 32996.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2001
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,383 SF
Lot 1.02 ac (44,431 SF)
Zoning code CG
APN 33-39-05-00008-0000-00007.0
UPID US18-0519255
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
  • Bob Evans Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
$721k
Blend (final) Blend
$580k
Owner & transaction history
Verobob LLC · 8 yrs held
Verobob LLC
since 2017
4 recorded transactions
2019
Price N/A
2017
$1.8M
2017
$1.0M
1969
Price N/A
Zoning & alternative use
CG · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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