701 Commerce CtrSebastian, FL 32958

  • Office properties
  • 141,033 SF
Off market

Property Details for 701 Commerce Ctr

Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
10.23 AC
Property size (Sq ft)
141,033 SF
Zone code
CG
Property type
Office properties
Property subtype
Office buildings
APN
31-38-12-00005-0001-00000.0
APU
9223372036854775807

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $38,761,536
    6.5%
    $35,779,880
    7%
    $33,224,176
  • Comparable approach

    Method
    Valuation
    Relative Method
    $22,146,412
    Geo Method
    $22,146,412
  • Alternative Use

    Use
    Valuation
    Residential
    $44,367,052
    Hospitality
    $40,639,980
    Educational
    $33,811,988
    Medical
    $34,974,832
    Retail
    $52,596,424
701 Commerce Ctr, Sebastian, Florida

Location Insight

City
Sebastian
County
Indian River
State
Florida
Latitude
27.7931
Longitude
-80.483
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
$134,076
$757,551
$5,778,573
$6,536,124
-
$757,551
$5,778,573
$6,536,124

FAQs

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