Back to Search
Property profile & analytics
FOR SALE
Office buildings
8525 20Th St Vero Beach, FL 32966
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-0498128
For Sale
1 / 2
$2,000,000
8525 20Th St, Vero Beach, FL 32966
View Listing →
Property summary
AI-generated overview
This exceptional Vero Beach commercial property offers a unique investment opportunity. The 4.99-acre lot boasts 165 feet of frontage on State Road 60 and a depth of 1,255 feet. Approximately half the land is cleared and fenced. The property includes a 1,359 square foot executive office building situated at the front of the lot. Currently leased, generating rental income, this property is zoned General Commercial (CG). Conveniently located near I-95, shopping, and restaurants, it offers excellent visibility and accessibility. Utilities include county water and sewer, and Florida Power & Light. The 2021 property taxes were $5,518.84. The asking price for this turnkey investment is $1,550,000, representing a price per square foot of $1,140.54. This property presents a compelling combination of land and income-producing office space in a high-demand location. The substantial lot size allows for future development potential, making it an ideal investment for both immediate returns and long-term growth. The property's address is 8525 20th St, Vero Beach, FL 32966, within Indian River County.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,359 SF
Lot
4.99 ac (217,364 SF)
Zoning code
CG
APN
33-38-02-00001-0100-00005.0
UPID
US18-0498128
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
-
Pristine Leasing company inc. Car Dealership
-
Yellowstone Landscape Landscaping General Contractor
-
Stabe's Landscaping Landscaping General Contractor
-
Year Round Lawn Maintenance Landscaping General Contractor
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
8525 20th Street LLC · 20 yrs held
8525 20th Street LLC
since 2006
2 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
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
$6,450
Tax year 2023
Assessed value
$478,410
Assessed 2023
Previous assessed
$379,234
+26.2% YoY
Effective rate
1.35%
On assessed value
Assessed land
$399,080
Assessed improvement
$79,330
Land market value
$399,080
Improvement market value
$79,330
Total market value
$478,410
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
1,359 SF
Lot
4.99 ac (217,364 SF)
Zoning code
CG
APN
33-38-02-00001-0100-00005.0
UPID
US18-0498128
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
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
4.99 ac
Current owner
From public records · entity-resolved
8525 20th Street LLC
Entity
Free & Clear · 20 yrs held
Mailing address
169 TEQUESTA DR STE 34E, JUPITER, FL 33469-2770
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2006
—
8525 20th Street LLC
Morris John E Trust
Quit Claim Deed
related
—
Oct 24, 2000
$315,500
Morris Trust
Edmonds,andrew W
Grant Deed
$175,000 · Individual
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
