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    10800 Us Highway 1 Sebastian, FL 32958

    For Sale
    $499,000

    80,075 sq ft Hwy 1 Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial land offering encompasses three contiguous vacant lots totaling 80,075 square feet. Strategically positioned on the west side of US Highway 1 at the intersection of 109th Street in Sebastian, Florida, this property enjoys high visibility and accessibility. The location benefits from proximity to established businesses and attractions, including the renowned Mel Fisher's Treasure Museum and Captain Hiram's Resort, ensuring significant foot traffic and potential customer base. The combined lot size presents a unique opportunity for developers seeking a substantial parcel in a thriving area. With its prime location on a major highway and its adjacency to popular tourist destinations, this property is ideally suited for a variety of commercial ventures. The asking price for this expansive lot is $499,000. The property's address is 10800 US Highway 1, Sebastian, FL 32958, within Indian River County. This presents a rare chance to acquire a significant commercial land holding in a desirable location with strong potential for future growth and return on investment. The property is zoned for commercial use (further zoning verification is recommended). The large lot size allows for considerable flexibility in development plans. Serious inquiries are encouraged.

    Property Features for 10800 Us Highway 1

    General Information

    Property type
    Land

    HighLights

    • Three contiguous vacant lots totaling 80,075 square feet.
    • High‑visibility location on US Highway 1 at 109th Street in Sebastian, FL.
    • Prime location near Mel Fisher's Treasure Museum and Captain Hiram's Resort.
    • $499,000 asking price.
    • Address: 10800 US Highway 1, Sebastian, FL 32958 (Indian River County).
    • Commercially zoned (buyer to verify).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale 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
    -80.4574129
    Latitude
    27.7923074

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    FAQs

    What type of property is this?
    Land - 80,075 sq ft Hwy 1 Lot
    Where is this land located?
    The property is located at 10800 Us Highway 1 Sebastian, FL.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Three contiguous vacant lots totaling 80,075 square feet.; High-visibility location on US Highway 1 at 109th Street in Sebastian, FL.; Prime location near Mel Fisher's Treasure Museum and Captain Hiram's Resort.
    Request Owner's contact information
    10800 Us Highway 1 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
    10800 Us Highway 1 Sebastian, FL 32958
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