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    3906 9Th St Vero Beach, FL 32968

    For Sale
    $895,000

    High-growth Vero Beach commercial land, ideal for retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.81-acre commercial land parcel in Vero Beach, Florida, presents a unique investment opportunity. Located at 3906 9th St SW, Vero Beach, FL 32968, this property boasts 125 feet of road frontage and 318 feet of depth, offering significant visibility and accessibility. Zoned (CH) Heavy Commercial, it allows for a wide range of retail developments. The property's strategic location benefits from its proximity to the I-95/Oslo interchange, scheduled for completion by 2027, promising increased traffic and accessibility. Currently featuring an older home, this structure could be repurposed as office space or removed to accommodate new construction. County water and sewer are available, and FPL provides electricity. The 2023 property taxes were $3,221.96. This prime retail land is priced at $895,000 and represents a compelling investment in a rapidly developing area. Don't miss this chance to secure a prominent location in Vero Beach's thriving commercial sector. The property is situated in Indian River County.

    Property Features for 3906 9Th St

    General Information

    Property type
    Land
    Lot Size
    35,284 SF

    HighLights

    • 0.81‑acre commercial land parcel in Vero Beach, FL.
    • Located at 3906 9th St SW, Vero Beach, FL 32968, with 125' of road frontage and 318' depth.
    • Heavy Commercial (CH) zoning allows for diverse retail development.
    • Prominent location near the future I‑95/Oslo interchange (completion 2027).
    • Existing older home, adaptable for office use or removal for new construction.
    • County water & sewer, FPL electricity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -80.426806
    Latitude
    27.5875796

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    FAQs

    What type of property is this?
    Land - High-growth Vero Beach commercial land, ideal for retail.
    Where is this land located?
    The property is located at 3906 9Th St Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: 0.81-acre commercial land parcel in Vero Beach, FL.; Located at 3906 9th St SW, Vero Beach, FL 32968, with 125' of road frontage and 318' depth.; Heavy Commercial (CH) zoning allows for diverse retail development.
    (772) 778-2334
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    3906 9Th St Vero Beach, FL 32968
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    Vero Beach, FL 32968
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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
    3906 9Th St Vero Beach, FL 32968
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