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    5715 Us Highway 1 Vero Beach, FL 32967

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    For Sale
    $675,000

    General commercial land available near planned community and utilities.

    Lot size:
    1.73 Acres

    Property Features for 5715 Us Highway 1

    General Information

    Lot size
    1.73 Acres

    Source: Lambert Commercial Real Estate Agent Kevin Lambert

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

    Overview

    Cleared Commercial Site Near Utilities

    This cleared general commercial site benefits from the availability of nearby utilities. It is located across the street from the planned Spoonbill Preserve Community, which will feature 460 single-family homes, 412 multifamily units, three clubhouses, a small neighborhood shopping center, and amenity facilities. The property's location is advantageous for serving the fast-growing north/central county area. It offers frontage on US Highway 1 and access from Old Dixie Highway and 57 Street. Permitted uses for the site include fast food, medical facilities, offices, and contractor trades services.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.415441
    Latitude
    27.6972196

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    FAQs

    What type of property is this?
    Commercial land - General commercial land available near planned community and utilities.
    Where is this commercial land located?
    The property is located at 5715 Us Highway 1 Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Cleared general commercial site with utilities ready.; - Located across from planned Spoonbill Preserve Community (460 single-family homes & 412 multifamily units).; - High-traffic location with frontage on US1.
    (772) 532-1165
    Request Owner's contact information
    5715 Us Highway 1 Vero Beach, FL 32967
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    Vero Beach, FL 32967
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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
    5715 Us Highway 1 Vero Beach, FL 32967
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