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    Property profile & analytics

    865 35th SW Ct Vero Beach, FL 32968-5062

    • Industrial properties
    • 10,000 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    $5,970,000
    Last Sale
    May 01, 2024
    $6,000,000
    Location Intelligence
    Property ID
    US18-5028955
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 865 35th SW Ct

    Year built
    1999
    Construction
    STEEL FRAME
    Lot size
    0.78 lot acres
    Property size
    10,000 SF
    Zone code
    CH
    Property type
    Industrial properties
    APN
    33-39-22-00022-0000-00001.0
    APU
    9223372036854775807

    Description

    This Vero Beach industrial property offers 10,000 square feet of flexible warehouse space, currently with 5,000 square feet immediately available for lease. The single-story building, constructed in 1999, boasts an 18-foot ceiling height, perfect for various industrial uses. The space includes 12' x 12' bay doors and built-out, air-conditioned office space, enhancing its functionality. Located in South Vero Beach at 865 35th Ct SW, 32968, this property benefits from its convenient location and heavy commercial zoning (CH), allowing for diverse business operations. Building and monument signage opportunities are available, providing excellent visibility. The property is served by county water, sewer, and FPL utilities. The lease rate is $15.00 per square foot plus sales tax. The strategic location near the future Oslo/I-95 interchange offers improved commuting and distribution capabilities, making this an attractive option for businesses seeking efficient logistics. This is an exceptional opportunity for contractors or businesses requiring versatile space in a prime Vero Beach location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,000,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,325,000
      6.5%
      $5,655,000
      7%
      $6,305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,115,000
      Geo Method
      $5,380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,440,000
      Retail
      $7,405,000
      Mixed-Use
      $6,810,000
      Hospitality
      $5,650,000
      Educational
      $7,350,000
      Residential Income
      $6,670,000
      Energy
      $5,390,000
      Income-Based Land
      $6,085,000
      Food Service
      $7,370,000

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.4232
    Latitude
    27.5878
    CBSA code
    42680
    CBSA name
    SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,174
    $143,816
    $339,745
    $483,561
    -
    $143,816
    $339,745
    $483,561

    Comparable in this City

    • Value Estimation
      $6,000,000
      10,000 SF

      805 33rd SW Ct

      INDUSTRIAL (GENERAL) • 10,000 SF
      805 33rd SW Ct, Vero Beach, FL 32968-8807
      View Details
    • Value Estimation
      $390,000
      7,500 SF

      820 35th SW Ct

      INDUSTRIAL (GENERAL) • 7,500 SF
      820 35th SW Ct, Vero Beach, FL 32968-5062
      View Details
    • Value Estimation by Request
      12,750 SF

      920 36th SW Ct

      INDUSTRIAL (GENERAL) • 12,750 SF
      920 36th SW Ct, Vero Beach, FL 32968-4963
      View Details
    • Value Estimation
      $1,255,000
      10,000 SF

      860 35th SW Ct

      INDUSTRIAL (GENERAL) • 10,000 SF
      860 35th SW Ct, Vero Beach, FL 32968-5062
      View Details
    • Value Estimation
      $295,000
      4,956 SF

      995 36th SW Ct

      INDUSTRIAL (GENERAL) • 4,956 SF
      995 36th SW Ct, Vero Beach, FL 32968-4953
      View Details
    • Value Estimation
      $325,000
      4,956 SF

      971 36th SW Ct

      INDUSTRIAL (GENERAL) • 4,956 SF
      971 36th SW Ct, Vero Beach, FL 32968-4953
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
      1,400 SF

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    Vero Beach, FL 32968-5062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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