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Prime Commercial Land on SR 60
For Sale
$2,000,000
Pending

8525 20th Street, Vero Beach, FL 32966

4.99 acre commercial land with frontage on SR 60.

Property Size217,364 SF
Lot Size4.99 Acres
Days on Market1582

Property Features for 8525 20th Street

General Information

Standard status Pending
Size 217,364 SF
Lot size 4.99 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $6,825

Amenities

Yes
Listing Agency: Lambert Commercial Real Estate
Listed By: Ron Lambert · License #0531778
Source: Compass
Added: May 16, 2022 Changed: Sep 10 Last Checked: Sep 13 at 10:00AM

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 Lambert Commercial Real Estate

Investment Insights

Based on property information with market context.

This 4.99-acre commercial property features 165 feet of frontage on State Road 60 and a depth of 1,255 feet. Approximately half of the property is cleared and fenced. Located on the property is a 1,359-square-foot building situated at the front. The zoning is General Commercial (CG). County water and sewer services are available, along with FPL. The property is currently leased and generating rental income. It is conveniently located near Interstate 95, shopping, and restaurants.

Key Highlights

  • Prime SR 60 Frontage (165’)
  • Currently Leased with Rental Income
  • 4.99 Acre Lot

Property Analytics

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Current Use

Pristine Leasing company ... Car Dealership Yellowstone Landscape Landscaping Stabe's Landscaping Landscaping Year Round Lawn ... Landscaping

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Law Firm Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby

Demographics for 32966, FL

19,724
Population
11,887
Households
1.7
Avg Household Size
62
Median Age
33%
College-Educated
97%
High-School Grad
259.8 sq mi
ZIP Area
76
Density / Sq Mi
$63,144
Median Household Income
$39,945
Median Earnings
$1,442
Median Rent
$264,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 4.99 acre commercial land with frontage on SR 60.
Where is this commercial land located?
The property is located at 8525 20th Street Vero Beach, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Prime SR 60 Frontage (165’); Currently Leased with Rental Income; 4.99 Acre Lot
More about this property
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