Property profile

925 74Th Ave SW Vero Beach, FL 32968

FOR LEASE
Other warehouses
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Property ID
US18-3037056
9,446 SF 60.55 ac Built 1973
Last sale Jul 2010·$9,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a 14,000-square-foot warehouse configured for storage and light-use applications. It features multiple loading docks and approximately 20-foot clear ceiling height, with a concrete shell construction. The facility includes fire sprinkler protection and 3-phase electrical service, along with a partially built-out office and storage areas. Additional interior storage is provided through steel shelving and limited storage cages. The site includes ample on-site parking and offers…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$1.02M
Assessed land$679k
Assessed improvement$339k
Effective rate1.66%

Value estimate

· Nov 2026
$1.50M
$1.35M – $1.64M
CAP approach$1.51M
Submarket $/SF estimate$1.99M
NOI build-up
Gross scheduled income$139k
Vacancy & credit loss−$7k
Operating expenses−$20k
NOI$113k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$147/SF
Submarket average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$84 – $211
Qualifying comparables4

Cap rate analysis

How does the asset earn?
$113k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IG
JurisdictionINDIAN RIVER

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand index
Plumbing Service8.6
Building Supply8.2
Garden Center8.1

Location

925 74Th Ave SW Vero Beach, FL 32968
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1350 74th SW, Vero Beach, FL 32968 $2,300,000 Jun 2024 11,472 SF
855 33rd SW, Vero Beach, FL 32968 $6,000,000 May 2024 9,600 SF
850 33rd SW, Vero Beach, FL 32968-9200 $6,000,000 May 2024 9,600 SF
860 35th SW, Vero Beach, FL 32968-5062 $1,250,000 Feb 2024 10,000 SF
825 35th SW, Vero Beach, FL 32968-5062 $622,200 Nov 2023 5,000 SF
1450 74th SW, Vero Beach, FL 32968-9431 $637,500 Nov 2020 7,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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