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    5330 Us-1 Vero Beach, FL 32967

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    For Lease
    Contact for pricing

    1.41-acre lot, prime retail location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.41-acre commercial land parcel is ideally situated at 5330 US Highway 1 in Vero Beach, Florida (zip code 32967). Zoned Commercial General within Indian River County, this single-tenant property presents a unique investment opportunity. The property's APN is 32391400003000000002.0. The land is currently vacant, offering flexibility for a variety of commercial developments. Its strategic location within an emerging retail node is a significant advantage. This high-traffic area boasts established businesses including Walgreens, Publix, and McDonald's, along with other retail establishments, ensuring high visibility and accessibility for any new development. The area is experiencing strong residential growth, promising a robust and expanding customer base. An existing underlying lease provides long-term income potential, with an expiration date in 2039. This property offers a compelling combination of location, zoning, and lease terms, making it an attractive investment for discerning buyers seeking a foothold in a thriving Vero Beach market. The property's coordinates are 27.691004 latitude and -80.4121849 longitude.

    Property Features for 5330 Us-1

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available space
    Size
    0 SF

    HighLights

    • Price is negotiable.
    • 1.41‑acre lot.
    • Land parcel for sale.
    • Sublease opportunity at 5330 US Highway 1.
    • Total land area: 1.41 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.4121849
    Latitude
    27.691004

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    FAQs

    What type of property is this?
    Individual retail property - 1.41-acre lot, prime retail location
    Where is this individual retail property located?
    The property is located at 5330 Us-1 Vero Beach, FL.
    What are key features of this property?
    This property features: Price is negotiable.; 1.41-acre lot.; Land parcel for sale.
    Request Owner's contact information
    5330 Us-1 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
    5330 Us-1 Vero Beach, FL 32967
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