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    6580 69th St Vero Beach, FL 32967-5115
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    Property profile & analytics

    6580 69th St, Vero Beach, FL 32967-5115

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    • Specialty properties
    • 8,682 SF
    • 11.09 lot acres
    Off-Market
    Property ID
    US19-0775329
    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

    • Treasure Coast Animal Emergency and Specialty Hospital / Veterinary Clinic
    • Julie Dawson / Veterinary Clinic
    • Ciacciarelli Tanya DVM / Veterinary Clinic

    Property Details for 6580 69th St

    Year built
    2010
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    11.09 lot acres
    Zone code
    A-1
    Property type
    Specialty properties
    APN
    32-39-05-00001-0130-00001.1
    APU
    9223372036854775807

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 14, 2025 $2,500,000 Indian River County Ac Veterinary Specialty Services Ll Warranty Deed —
    Nov 27, 2018 — Angela Cail — Deed · related $1.1M · Sunrise Bk
    Aug 8, 2018 — Ac Veterinary Specialty Services Ll — Deed · related $320k · Sunrise Bank
    Dec 31, 2014 $700,000 Ac Veterinary Specialty Services Ll Readycap Lending LLC Special Warranty Deed $560k · Sunrise Bank
    Aug 12, 2014 — Readycap Lending LLC East Coast Holding LLC Coc Trustees Deed · related —
    Sep 5, 2007 $22,200 Indian River County East Coast Holding LLC Warranty Deed —
    — — East Coast Holding LLC — Deed Of Trust $470k · Riverside National Bank
    — — Angela Cail — Deed Of Trust · related $1.1M · Sunrise Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.4616
    Latitude
    27.7212
    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
    $13,574
    $329,928
    $473,295
    $803,223
    -
    $329,928
    $473,295
    $803,223

    Comparable in this City

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      $1,425,000
      2,740 SF

      6875 45th St

      PROFESSIONAL CLUBS/ASSOCIATIONS
      6875 45th St, Vero Beach, FL 32967-7755
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      8104 Us Highway 1

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      3,100 SF

      6225 85th St

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      7,561 SF

      1620 Blvd Vlg Ln

      PROFESSIONAL CLUBS/ASSOCIATIONS
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      4,406 SF

      5740 Us Hwy 1st 1

      VETERINARY, ANIMAL HOSPITAL
      5740 Us Hwy 1st 1, Vero Beach, FL 32967-7531
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,050 SF

      US Highway 1 Redevelopment Opportunity

      1.5-acre commercial property with existing improvements and expansion potential.
      6695 Us Highway 1, Vero Beach, FL 32967
      View Details
    • $1,875,000
      522,720 SF

      Vero Beach Industrial Zoned Land

      Industrial-zoned land suitable for manufacturing, warehousing, or logistics operations.
      5435 45Th St, Vero Beach, FL 32967
      View Details
    • $399,000
      4.05 Acres

      Vero Beach Vacant Land Parcel

      4+ acre vacant parcel with high visibility in Vero Beach.
      6555 81St St, Vero Beach, FL 32967
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    • $4,250,000
      21.36 Acres

      Prime Industrial Land Near Airport

      22+/- acre industrial-zoned land adjacent to Vero Beach Airport.
      3450 41St St, Vero Beach, FL 32967
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    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land for Lease

      Land available for lease, build to suit options.
      7685 Us Highway 1, Vero Beach, FL 32967
      View Details
    • $13 SF/Yr

      4417 77th St 4417, Vero Beach, FL 32967

      Flex space
      4417 77Th St, Vero Beach, FL 32967
      View Details
    • Contact for pricing

      Prime Highway Corner Retail/Office

      Retail, medical, or office space available on US Hwy 1.
      2190 45Th St, Vero Beach, FL 32967
      View Details
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    Vero Beach, FL 32967-5115
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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