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    203 Sebastian Blvd Sebastian, FL 32958

    For Sale
    $890,000

    4.02 acres, ready to build, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.02-acre commercial land parcel presents a unique investment opportunity in the thriving city of Sebastian, Florida. Strategically located on Sebastian Boulevard (CR 512), this property boasts high visibility and accessibility, situated between east and westbound traffic. The land is already cleared and prepared for immediate development, saving significant time and costs. The property is conveniently located near established national retailers such as O'Reilly Auto Parts and Sherwin Williams, ensuring high foot traffic and brand synergy. The site is comprised of two separately deeded lots. Lot 1 encompasses 1.22 acres with 106 feet of frontage on Sebastian Boulevard and a depth of 191 feet. Lot 2 offers 1.58 acres, featuring an impressive 360 feet of frontage on Sebastian Boulevard and a depth of 192 feet. Combined, these lots total 2.8 acres. The property is zoned CG (Commercial General), allowing for a wide range of commercial uses. City water and sewer are available, and Florida Power & Light (FPL) service is readily accessible. 2021 property tax records indicate $3,550.98 for Lot 1 and $3,874.48 for Lot 2. The asking price is $890,000 for the entire 4.02-acre parcel. This prime location and build-ready status make this an exceptional opportunity for developers and investors seeking a high-impact commercial venture in a rapidly growing area.

    Property Features for 203 Sebastian Blvd

    General Information

    Property type
    Retail properties
    Lot Size
    175,111 SF

    HighLights

    • 4.02‑acre commercial land parcel in Sebastian, FL, on high‑visibility Sebastian Boulevard (CR 512).
    • Cleared and ready for immediate development.
    • Two separately deeded lots totaling 2.8 acres, with ample frontage on Sebastian Boulevard.
    • Zoned CG (Commercial General), with city water, sewer, and FPL readily available.
    • Asking price: $890,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sebastian
    County
    Indian River
    State
    Florida
    Longitude
    -80.4719648
    Latitude
    27.806929

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    FAQs

    What type of property is this?
    Retail property - 4.02 acres, ready to build, high traffic.
    Where is this retail property located?
    The property is located at 203 Sebastian Blvd Sebastian, FL.
    What is the asking price?
    The asking price for this property is $890,000.
    What are key features of this property?
    This property features: 4.02-acre commercial land parcel in Sebastian, FL, on high-visibility Sebastian Boulevard (CR 512).; Cleared and ready for immediate development.; Two separately deeded lots totaling 2.8 acres, with ample frontage on Sebastian Boulevard.
    Request Owner's contact information
    203 Sebastian Blvd Sebastian, FL 32958
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    Sebastian, FL 32958
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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
    203 Sebastian Blvd Sebastian, FL 32958
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