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Property profile & analytics
FOR SALE
Warehouses
816 SW 11Th Dr SW Vero Beach, FL 32962
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3255903
For Sale
1 / 2
$625,000
816 SW 11Th Dr SW, Vero Beach, FL 32962
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2002
Construction
STEEL FRAME
Total area
2,420 SF
Lot
0.23 ac (10,019 SF)
Zoning code
IL
APN
33-39-24-00011-0002-00008.0
UPID
US18-3255903
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
-
PC & S Tile General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
739 High Street LLC · 2 yrs held
739 High Street LLC
since 2023
Last sale
$450,000
7 recorded transactions
Zoning & alternative use
IL · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,737
Tax year 2023
Assessed value
$165,919
Assessed 2023
Previous assessed
$157,919
+5.1% YoY
Effective rate
1.65%
On assessed value
Assessed land
$51,000
Assessed improvement
$114,919
Land market value
$51,000
Improvement market value
$114,919
Total market value
$165,919
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
For Sale
Year built
2002
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
3
Total area
2,420 SF
Lot
0.23 ac (10,019 SF)
Zoning code
IL
APN
33-39-24-00011-0002-00008.0
UPID
US18-3255903
Jurisdiction
INDIAN RIVER
Zoning & alternative use
IL · Vero Beach, FL
Zoning IL · permitted uses
IL · 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
2002
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
3
Lot
0.23 ac
Current owner
From public records · entity-resolved
739 High Street LLC
Entity
Mailing address
445 E CHEYENNE MTN BLVD STE C, COLORADO SPRINGS, CO 80906-4560
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Nov 9, 2023
$450,000
739 High Street LLC
Jj Groundworks Corp
Warranty Deed
$350,000 · Jj Groundworks Corp
Nov 15, 2022
$380,000
Jj Groundworks Corp
Robert James Dillon SR.
Special Warranty Deed
$230,000 · Robert Dillon
Mar 9, 2020
$216,200
Robert J Dillon JR
Lawrence B Lott
Grant Deed
$208,700 · Lawrence B Lott
Nov 30, 2012
$84,000
Lawrence B Lott
Pnc Bk National Assn
Grant Deed
—
Jul 6, 2000
$86,200
Paul Struve
Losey,henry E & Linda E
Quit Claim Deed
related
$68,960 · Indian River National Bank
—
—
Henry E Losey
—
Deed Of Trust
related
$25,000 · Barnett Bank
—
—
Martha Struve
—
Deed Of Trust
related
$100,000 · Rbc Bank (usa)
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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