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    6710 34Th Ter Vero Beach, FL 32967

    Sponsored
    For Sale
    $220,000

    Prime .52-acre lot, high visibility, commercial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional .52-acre commercial lot in Vero Beach, Florida, presents a unique investment opportunity. Located at 6710 & 6720 34th Terrace, the property boasts approximately 150 feet of frontage on US Highway 1 and a depth of 148 feet, ensuring high visibility and accessibility. The property is zoned CL (Commercial Light), allowing for a variety of commercial uses. With its strategic location, this parcel offers significant potential for development. The 2018 traffic count on US Highway 1 was approximately 23,969 vehicles, indicating substantial traffic flow. Utilities include county water and electricity (FPL) are available, along with a septic tank. The property's 2018 real estate taxes were $590.10. There is potential for assembling this property with adjacent land to the north, creating an even larger development site. This prime location and flexible zoning make this an ideal investment for entrepreneurs and developers seeking a high-traffic, visible location in Vero Beach, Florida. The asking price for this exceptional property is $220,000. The property is situated in Indian River County, Florida, with a zip code of 32967.

    Property Features for 6710 34Th Ter

    General Information

    Property type
    Land
    Lot Size
    22,651 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness 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
    -80.420336
    Latitude
    27.715652

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    FAQs

    What type of property is this?
    Land - Prime .52-acre lot, high visibility, commercial zoning.
    Where is this land located?
    The property is located at 6710 34Th Ter Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $220,000.
    (772) 713-4471
    Request Owner's contact information
    6710 34Th Ter 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
    6710 34Th Ter Vero Beach, FL 32967
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