4234 Highway 1 Grant Valkaria, FL 32949
Large waterfront property with development potential and existing income.
Property Features for 4234 Highway 1
General Information
- Standard status
- Active
- Size
- 10,520 SF
- Lot size
- 3.00 Acres
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 2007
Listing office Brown Harris Stevens of PB (561) 859-2712
Listing date Dec 19, 2025
Source Compass
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Brown Harris Stevens of PB
Investment Insights
Based on property information with market context.
Key Highlights
- Prime waterfront commercial development opportunity with nearly 3 acres and 310 feet of dock frontage on the Indian River.
- Highly visible US‑1 frontage in a high‑traffic corridor, offering excellent access and long‑term commercial value.
- Existing improvements include a fully leased retail building and mini‑storage units generating interim income.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $189.4k | $18.00 |
| − Vacancy | −$16.1k | −$1.53 |
| EGI | $173.3k | $16.47 |
| − OpEx | −$52.0k | −$4.94 |
| NOI | $121.3k | $11.53 |
