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    1501 Us Highway 1 Vero Beach, FL 32960

    For Lease
    Contact for pricing

    Former Kmart anchor space available for lease in Vero Beach.

    Property size:
    51,000 SF
    Lot size:
    7.83 Acres

    Property Features for 1501 Us Highway 1

    General Information

    Size
    51,000 SF
    Lot size
    7.83 Acres

    Source: LQ Commercial | Orlando Agent Julia Sosa

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vero Beach Retail Anchor Space

    A 54,092 square foot former Kmart anchor space is available for lease at Indian River Plaza in Vero Beach, Florida. The property offers strong visibility from US Highway 1, which has a daily traffic count of 28,500 cars per day. The location is approximately 3 miles from Vero Beach Regional Airport. Other tenants in the plaza include Tractor Supply Co, Tropical Smoothie, Moe's, and USPS. Surrounding retailers include Publix, Walmart Neighborhood Market, and Walgreens. The average household income within a 5-mile radius is $100,778.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Similar Places Nearby

    Indian River Plaza, Causeway plaza, The Corner Shoppes, Coinstar Kiosk | Bitcoin ATM, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.3926023
    Latitude
    27.630283

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    FAQs

    What type of property is this?
    Shopping center - Former Kmart anchor space available for lease in Vero Beach.
    Where is this shopping center located?
    The property is located at 1501 Us Highway 1 Vero Beach, FL.
    What are key features of this property?
    This property features: - High average household income of $100,778 within 5 miles.; - Former Kmart anchor space (54,092 SF) provides a large, established retail footprint.; - Strong visibility from US 1.
    (407) 257-8246
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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
    1501 Us Highway 1 Vero Beach, FL 32960
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