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Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Retail space
6600 20th St Vero Beach, FL 32966-7902
Entity Owned
13-yr Hold
Free & Clear
Property ID
US18-0531794
Property summary
AI-generated overview
Plantation Plaza, located at 6600 20th St, Vero Beach, FL 32966, presents a compelling opportunity for retail businesses seeking high-visibility space in the SR 60 Corridor. This Class A shopping center, built in 1985, offers a total of 20,012 square feet of retail space, with multiple tenancy options. Currently, 4,110 square feet are vacant, divisible into units as small as 1,235 square feet, with a maximum contiguous space of 2,875 square feet. The property sits on a 2.66-acre lot and is zoned CN. Its strategic location along the SR 60 Corridor boasts excellent visibility and accessibility, benefiting from high traffic volume exceeding 41,300 vehicles per day. Existing tenants include a diverse mix of businesses, creating a vibrant and established retail environment. This property offers a rare chance to establish or expand your business in a thriving Vero Beach location. The property's APN is 33390600007000000000.3. This is an exceptional opportunity to secure a prominent retail presence in a high-traffic area.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,012 SF
Lot
2.66 ac (115,870 SF)
Zoning code
CN
APN
33-39-06-00007-0000-00000.3
UPID
US18-0531794
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
-
Viewlio Photography Service (Bike/Boat/Book/etc) Store
-
Vista Plantation Golf Mntnce Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.82M
Owner & transaction history
Indian River County · 13 yrs held
Indian River County
since 2012
1 recorded transaction
Zoning & alternative use
CN · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Vero Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vero Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
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T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.82M
Range $1.64M – $2.00M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$91 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$20,524
Tax year 2023
Assessed value
$1,157,745
Assessed 2023
Previous assessed
$966,094
+19.8% YoY
Effective rate
1.77%
On assessed value
Assessed land
$492,448
Assessed improvement
$665,297
Land market value
$492,448
Improvement market value
$665,297
Total market value
$1,157,745
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
9
Total area
20,012 SF
Lot
2.66 ac (115,870 SF)
Zoning code
CN
APN
33-39-06-00007-0000-00000.3
UPID
US18-0531794
Jurisdiction
INDIAN RIVER
Zoning & alternative use
CN · Vero Beach, FLZoning CN · permitted uses
CN · Vero Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
9
Lot
2.66 ac
Current owner
From public records · entity-resolved
Indian River County
Entity
Free & Clear · 13 yrs held
Mailing address
211 N STADIUM BLVD STE #201, COLUMBIA, MO 65203-1161
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2012
—
Indian River County
Vero Beach Assocs Retail LLC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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