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    6480 20Th St Vero Beach, FL 32966

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    Property profile & analytics

    6480 20Th St Vero Beach, FL 32966


    • Retail space
    • 12,960 SF
    • 1.33 lot acres
    Retail Space in Indian River For Lease
    $2,190,000
    4,750 SF

    Retail Space in Indian River

    Retail units available in Indian River Mall outparcel.

    6480 20th St, Vero Beach, FL 32966
    View Listing
    Property ID
    US18-4841642
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Vocational Rehabilitation / State Government Office
    • Followers Of The Way / Church
    • New Season Treatment Center - Vero Beach / Medical Clinic
    • 123 / Arcade & Gaming Center / (Bike/Boat/Book/etc) Store
    • Double Diamond - Hot Spot Social club / Arcade & Gaming Center / (Bike/Boat/Book/etc) Store

    Property Details for 6480 20Th St

    Year built
    2006
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.33 lot acres
    Property size
    12,960 SF
    Zone code
    CG
    Property type
    Retail space
    APN
    33-39-05-00009-0000-00010.0
    APU
    9223372036854775807

    Description

    This exceptional retail opportunity in Vero Beach, Florida, presents two available spaces totaling 6,302 square feet within a thriving commercial center. Located at 6480 20th St, 32966, this property boasts a highly visible location on Route 60, enjoying approximately 32,000 vehicles per day. The site is zoned CG (General Commercial) and benefits from ample parking (approximately 70 spaces, or 5.5 per 1,000 square feet), including employee parking in the rear with direct customer access. Building and monument signage opportunities are available. Unit 103 offers 1,552 square feet with two restrooms, including a new ADA-compliant restroom. Unit 104-106 comprises 4,750 square feet and includes three restrooms. Both units feature impact windows and storefronts. Previously approved for assembly use, these spaces are ideally suited for a variety of retail businesses. Utilities include county water, sewer, and FPL electricity. The lease rate is $18.00 per square foot per year, NNN plus sales tax. This centrally located property is surrounded by a dense residential area, ensuring a strong customer base.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,075,000
      6.5%
      $1,915,000
      7%
      $1,780,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,013,000
      Market price range: $294k - $2.31M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,795,000
      Current use
      MEDICAL BUILDING
      $3,105,000
      Change: +11% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,810,000
      Change: +1% Conversion: Difficult
      OFFICE BUILDING
      $2,700,000
      Change: -3% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $2,435,000
      Change: -13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.4606
    Latitude
    27.6404
    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
    $31,076
    $393,958
    $1,568,391
    $1,962,349
    -
    $393,958
    $1,568,391
    $1,962,349
    View Listing
    More about this property
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