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Commercial Land on US Highway 1

8970 N US Highway 1, Sebastian, FL 32958

For Sale
$600,000

Land, Sebastian, FL

Property SizeContact for details
Lot Size0.86 Acres
Days on Market1723

Property Features for 8970 N US Highway 1

General Information

Property type Land
Property subtype Other
Zoning , CL
Zoning description Commercial
Vegetation Wooded
Subdivision Walls Terrace
Lot features Moderate Trees, Half To One Acre Lot
Directions 510 and US1, Go north approx 1 mile, property on right
Standard status Active
APN 31392800002000000005.0
Lot size 0.86 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PBI 2-46 PORT MORE PART DESC AS FOLL: COM AT PT OF INTERSECT OF E R/W LINE OF ST RD #5 (US HWY #1) & THE N BDY OF LOT 4BLK 4 WALLS TERRACE PBI 1-19; TH RUNN 29 DEG 32 MIN W ALONG E R/W US HWY #1 DIST 125 FT; TH RUN N 70 DEG 11 MIN E 258.40 FT TO A PT ON E
Tax Annual Amount 655
Legal Description PBI 2-46 PORT MORE PART DESC AS FOLL: COM AT PT OF INTERSECT OF E R/W LINE OF ST RD #5 (US HWY #1) & THE N BDY OF LOT 4BLK 4 WALLS TERRACE PBI 1-19; TH RUNN 29 DEG 32 MIN W ALONG E R/W US HWY #1 DIST 125 FT; TH RUN N 70 DEG 11 MIN E 258.40 FT TO A PT ON E

Utilities

Water source Public
Listing Agency: Dale Sorensen Real Estate Inc.
Listed By: Tyler Fox · License FL #3438413
Added: Feb 26, 2022 Changed: Nov 2 Last Checked: Nov 14 at 1:06AM
MLS# 252807

Copyright © 2026 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Two commercial lots are offered together as a 0.86-acre land parcel. The property is zoned CL and has access to public water service.

The site fronts US Highway 1 in Sebastian, just north of CR-510 and US-1. Its location along the highway and commercial zoning are defining features of the offering.

Key Highlights

  • Two commercial lots sold together, totaling 0.86 acres
  • CL zoning
  • Frontage on US Highway 1, just north of CR‑510 and US‑1

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Dental Office Real Estate Agency Big Box & Wholesale Store Restaurant Law Firm Auto Parts Store

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

152
Businesses Nearby

Demographics for 32958, FL

28,619
Population
15,512
Households
1.8
Avg Household Size
58
Median Age
29%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
1,026
Density / Sq Mi
$68,276
Median Household Income
$37,412
Median Earnings
$1,388
Median Rent
$279,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Commercial land in Sebastian

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Two adjoining commercial parcels carry CL zoning and public water service.
Where is this commercial land located?
The property is located at 8970 N US Highway 1 Sebastian, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two commercial lots sold together, totaling 0.86 acres; CL zoning; Frontage on US Highway 1, just north of CR‑510 and US‑1
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Includes: Price & PSF · Cap rate · Location · Zoning

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