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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Automotive properties
8575 20th St Vero Beach, FL 32966-1705
Entity Owned
18-yr Hold
Free & Clear
Property ID
US19-0855871
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,640 SF
Lot
2.33 ac (101,495 SF)
Zoning code
CG
APN
33-38-02-00001-0100-00007.0
UPID
US19-0855871
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
-
The Chiarenza Agency Insurance Agency
-
Emma Chiarenza: Allstate Insurance Insurance Agency
-
Route 60 Hyundai Car Dealership
-
Donald and freaks love lobby (Bike/Boat/Book/etc) Store Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$975k
Owner & transaction history
Route 60 Realty LLC · 18 yrs held
Route 60 Realty LLC
since 2007
6 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
$92 / 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
$23,711
Tax year 2023
Assessed value
$1,542,986
Assessed 2023
Previous assessed
$1,451,837
+6.3% YoY
Effective rate
1.54%
On assessed value
Assessed land
$344,760
Assessed improvement
$1,198,226
Land market value
$344,760
Improvement market value
$1,198,226
Total market value
$1,542,986
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
AC.PACKAGE
Units
1
Total area
10,640 SF
Lot
2.33 ac (101,495 SF)
Zoning code
CG
APN
33-38-02-00001-0100-00007.0
UPID
US19-0855871
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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Units
1
Lot
2.33 ac
Current owner
From public records · entity-resolved
Route 60 Realty LLC
Entity
Free & Clear · 18 yrs held
Mailing address
8575 20TH ST, VERO BEACH, FL 32966-1705
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2023
—
Route 60 Realty LLC
—
Deed
related
$50,000 · Hyundai Capital America
Jul 13, 2023
—
Route 60 Realty LLC
—
Deed
related
$50,000 · Hyundai Capital America
Dec 21, 2016
—
Route 60 Realty LLC
—
Deed
related
$3,429,900 · Other Institutional Lenders
Aug 22, 2007
$1,000,000
Route 60 Realty LLC
Dean,frank A & Jessie
Warranty Deed
—
—
—
Route 60 Realty LLC
—
Deed Of Trust
related
$2,795,000 · Churchill Mtg Hm Loans
—
—
Route 60 Realty LLC
—
Loan Modification
related
$3,429,900 · Other Institutional Lenders
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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