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    11515 S Indian River Dr Sebastian, FL 32958

    For Sale
    $550,000

    LAND - Sebastian, FL

    Lot size:
    1.52 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 13 at 11:06 pm

    Property Features for 11515 S Indian River Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    ,
    APN
    31390700000001000010.0
    Lot size
    1.52 Acres

    Utilities

    Water source
    Public

    Alex MacWilliam, Inc. Real Estate (772) 231-6509 [email protected]

    Listing agent T.P. Kennedy (772) 231-6509 License #3377487

    Listing date Dec 3, 2025

    MLS# 293055 Listing URL

    Copyright © 2025 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sebastian Commercial Land For Sale

    This 1.52-acre commercial land parcel in Sebastian, Florida, features 185 feet of frontage on US-1 and 175 feet on Indian River Drive. Zoned General Commercial, the site is suitable for a range of uses, including gas stations, restaurants, retail, office space, medical facilities, and storage. The property benefits from dual access via US-1 and Indian River Drive, providing enhanced visibility and traffic flow. Cleared and ready for development, this parcel presents a development opportunity in a high-exposure corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sebastian
    County
    Brevard
    State
    Florida
    Longitude
    -80.46282
    Latitude
    27.803726

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    FAQs

    What type of property is this?
    Commercial land - 1.52 acre commercial land with high-exposure frontage.
    Where is this commercial land located?
    The property is located at 11515 S Indian River Dr Sebastian, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Prime 1.51-acre commercial lot with 185' frontage on US-1.; - Zoned General Commercial, permitting diverse uses (gas station, restaurant, retail, office, medical, storage).; - Dual access from US-1 and Indian River Dr. ensures outstanding visibility and traffic flow.
    (772) 231-6509
    Request Owner's contact information
    11515 S Indian River Dr Sebastian, FL 32958
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    Sebastian, FL 32958
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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
    11515 S Indian River Dr Sebastian, FL 32958
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