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    4400 77Th St Vero Beach, FL 32967

    For Sale
    $855,000

    2.55 Acres, Site Plan Approved, $855,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.55-acre industrial land parcel in Vero Beach, Florida, presents a prime development opportunity. Located at 4400 77th Street, 32967, this property boasts 608.4 feet of frontage on 77th Street and is zoned for Industrial Light use (IL), offering significant versatility. A site plan is already approved for the construction of a new 32,000 square foot concrete building, ideal for a multi-tenant flex-space warehouse. This development sits within a rapidly growing area of North Vero Beach, providing easy access to neighboring communities and US-1. The property is serviced by county water and sewer, and FPL electric. 2022 property taxes were $2,282.27. This presents an excellent investment opportunity for both users and investors seeking to capitalize on the high demand for industrial space in this thriving location. The proposed building design allows for flexible space configurations to accommodate a variety of tenants. This is a ready-to-build site, eliminating lengthy planning and permitting delays. Don't miss this chance to acquire a strategically located and well-planned industrial development site in a high-growth area.

    Property Features for 4400 77Th St

    General Information

    Property type
    Land
    Lot Size
    111,078 SF

    HighLights

    • 2.55‑acre industrial land parcel in Vero Beach, FL.
    • 608.4 feet of frontage on 77th Street, zoned Industrial Light (IL).
    • Approved site plan for a 32,000 SF concrete multi‑tenant flex‑space warehouse.
    • Located in a rapidly growing area of North Vero Beach with easy US‑1 access.
    • County water, sewer, and FPL electric utilities.
    • 2022 property taxes: $2,282.27.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy

    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
    -80.4305403
    Latitude
    27.7341029

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    FAQs

    What type of property is this?
    Land - 2.55 Acres, Site Plan Approved, $855,000
    Where is this land located?
    The property is located at 4400 77Th St Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $855,000.
    What are key features of this property?
    This property features: 2.55-acre industrial land parcel in Vero Beach, FL.; 608.4 feet of frontage on 77th Street, zoned Industrial Light (IL).; Approved site plan for a 32,000 SF concrete multi-tenant flex-space warehouse.
    Request Owner's contact information
    4400 77Th St 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
    4400 77Th St Vero Beach, FL 32967
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