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    605 9Th St SW Vero Beach, FL 32962

    For Sale
    $3,200,000

    10+- acre commercial land with utilities, ready for development.

    Lot size:
    10.00 Acres

    Property Features for 605 9Th St SW

    General Information

    Lot size
    10.00 Acres

    Source: Jensen Beach Realty Inc. Agent James McGlone, Jr.

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

    Overview

    Commercial Land Ready for Development

    This property features 10+- acres of commercial land with utilities, zoned commercial general and ready for development. Current plans include a mixed-use development with 32 apartments, 48 fee simple townhomes, and an 8,800 square foot retail center.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Gym & Fitness

    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
    -80.3855863
    Latitude
    27.6176605

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    FAQs

    What type of property is this?
    Land - 10+- acre commercial land with utilities, ready for development.
    Where is this land located?
    The property is located at 605 9Th St SW Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - 10+- acre commercially zoned land with utilities.; - Development-ready with current plans for mixed-use: apartments, townhomes, and retail.; - Option to buy all or part of the project.
    (772) 398-1212
    Request Owner's contact information
    605 9Th St SW Vero Beach, FL 32962
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    Vero Beach, FL 32962
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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
    605 9Th St SW Vero Beach, FL 32962
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