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Property profile & analytics
OFF-MARKET
Commercial real estate

690 6Th Ave Vero Beach, FL 32962

2,309 SF Built 1956
Property ID
US18-0361270
Property summary
AI-generated overview

This exceptional mixed-use property at 690 6th Avenue, Vero Beach, Florida, presents a compelling investment opportunity. Priced at $1,099,000, this 2,309 square foot property sits on a nearly two-acre lot (lot size not precisely specified) and offers immense potential for diverse uses. Built in 1956, the existing concrete block structure is offered "as-is" and could serve as office space or generate rental income. The property's CG zoning allows for a wide range of possibilities, including but not limited to residential development (subject to zoning changes), banking, outdoor storage, vehicle or utility rentals, RV or boat storage, medical facilities, gyms, retail, and childcare centers. Its strategic location near US Highway 1 ensures high visibility and accessibility within a busy commercial area of Vero Beach. The property benefits from a secure setting across from a car dealership and is conveniently situated on a paved road. This cleared lot presents a blank canvas for an ambitious developer or investor seeking to capitalize on the vibrant Vero Beach market. The possibilities are truly endless for this unique and well-positioned property in the 32962 zip code.

Property profile
Verified
Property type Commercial real estate
Year built 1956
Total area 2,309 SF
UPID US18-0361270
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
  • X-Treme 'scapes Landscape Co Landscaping General Contractor
  • G T Custom Builders Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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