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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Warehouses
750 16th St, Vero Beach, FL 32960-5549
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4039189
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2007
Construction
METAL FRAME
Total area
48,075 SF
Lot
2.94 ac (128,066 SF)
Zoning code
CG
APN
33-39-01-00027-0020-00005.3
UPID
US18-4039189
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
-
Mini U Storage Storage Facility
-
Vero Beach Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.04M
Owner & transaction history
Elevation Vero Beach Sa LLC · 1 yrs held
Elevation Vero Beach Sa LLC
since 2024
Last sale
$850,900
7 recorded transactions
Zoning & alternative use
CG · 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)
Refine in 60 seconds, get exact suggested price
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
$1,225,000
ML approach
$1,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±10% · vs last sale $851k (Sep 27 2024)
Last sale anchor
$851k
Sep 27 2024
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
$22 / 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
$31,415
Tax year 2023
Assessed value
$2,146,646
Assessed 2023
Previous assessed
$2,146,646
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$544,281
Assessed improvement
$1,602,365
Land market value
$544,281
Improvement market value
$1,602,365
Total market value
$2,146,646
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
METAL FRAME
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Buildings
6
Stories
1
Units
1
Total area
48,075 SF
Lot
2.94 ac (128,066 SF)
Zoning code
CG
APN
33-39-01-00027-0020-00005.3
UPID
US18-4039189
Jurisdiction
INDIAN RIVER
Zoning & alternative use
CG · Vero Beach, FL
Zoning CG · permitted uses
CG · Vero Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vero Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
METAL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
6
Units
1
Lot
2.94 ac
Current owner
From public records · entity-resolved
Elevation Vero Beach Sa LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4675 MACARTHUR CT STE #1400, NEWPORT BEACH, CA 92660-8842
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2024
$850,900
Elevation Vero Beach Sa LLC
Vero Tic Btsr LLC
Warranty Deed
—
Sep 25, 2024
$1,222,500
Elevation Vero Beach Sa LLC
Vero Tic By LLC
Special Warranty Deed
—
Oct 12, 2023
$1,161,900
Vero Tic By LLC
Elevation Vero Beach Sa LLC
Special Warranty Deed
—
Aug 15, 2023
$789,500
Vero Tic Btsr LLC
Elevation Vero Beach Sa LLC
Special Warranty Deed
—
Jun 29, 2023
$6,650,000
Elevation Vero Beach Sa LLC
Riverside Self Storage LLC
Special Warranty Deed
—
Sep 5, 2006
—
Indian River County
Riverside Self Storage LLC
Quit Claim Deed
—
Dec 28, 2005
—
Riverside Self Storage LLC
Cox,joan P
Warranty Deed
—
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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