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Property profile & analytics
OFF-MARKET Estimated value $1,075,000
Drive through restaurants

8905 20th St Vero Beach, FL 32966-1711

3,055 SF 1.17 ac lot Built 1995
Entity Owned ~ Est. High Equity
Property ID
US18-5091535
Property summary
AI-generated overview

This 3,055-square-foot quick-service restaurant building in Vero Beach, Florida, presents a compelling investment opportunity. Located on a 1.17-acre lot at 8905 20th St, zip code 32966, this single-tenant property enjoys exceptional visibility and accessibility. Less than a mile from the I-95 access ramp, it benefits from high traffic counts and proximity to a TA Truck Center, ensuring a consistent flow of potential customers. The property is situated near other established national brands, including Wawa, McDonald's, and a newly constructed RaceTrac gas station, creating a strong commercial environment. While the interior requires renovation (vacant for over a year), the roof was recently resurfaced in 2021. The CG zoning allows for flexibility. Build-to-suit and ground lease options are available, providing adaptability for prospective buyers to customize the space to their specific operational needs. This location offers significant potential for a thriving quick-service restaurant business. The property's strategic location and flexible options make it an attractive investment in a high-growth area.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1995
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,055 SF
Lot 1.17 ac (50,965 SF)
Zoning code CG
APN 33-38-02-00006-0000-00002.0
UPID US18-5091535
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
  • Coreet Animal Group Animal Shelter Pet Adoption Service
  • Editex Wildlife Group Animal Shelter Pet Adoption Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.05M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.08M
Owner & transaction history
Team Funding LLC
Team Funding LLC
since 2025
Last sale
$1.1M
7 recorded transactions
2025
$1.1M
2022
$880,000
2018
Price N/A
2018
$1.2M
2013
$569,700
2013
$1.6M
2005
$795,000
Zoning & alternative use
CG · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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