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    8560 Us-1 Micco, FL 32976

    For Sale
    $875,000

    .84-acre corner lot, US-1 frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional .84-acre commercial land parcel presents a remarkable redevelopment opportunity in Micco, Florida. Boasting approximately 225 feet of frontage on heavily trafficked US Highway 1, this property is ideally situated for a variety of commercial ventures. The CL - Commercial Light zoning allows for diverse uses, capitalizing on the area's rapid growth and high visibility. Located conveniently between Vero Beach and Sebastian, this site benefits from proximity to a new 7-Eleven and sits adjacent to one of the county's busiest intersections, ensuring significant exposure to potential customers. The property includes two corner parcels, providing flexibility in development plans. County water and FPL electric are readily available. Annual property taxes for 2023 were $2,872.12. The asking price for this prime location is $875,000. Its strategic position near a beach access road further enhances its appeal and potential for high returns. This is a rare opportunity to acquire a highly visible and well-located commercial property in a thriving market. Don't miss out on this chance to build your business in a prime location.

    Property Features for 8560 Us-1

    General Information

    Property type
    Land
    Lot Size
    36,590 SF

    HighLights

    • .84‑acre commercial lot in Micco, FL, with 225' of US Highway 1 frontage.
    • CL (Commercial Light) zoning allows diverse commercial uses.
    • High‑visibility location between Vero Beach and Sebastian, near a new 7‑Eleven and a busy intersection.
    • Two corner parcels offer development flexibility; utilities readily available.
    • 2023 property taxes: $2,872.12; Asking price: $875,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Micco
    County
    Indian River
    State
    Florida
    Longitude
    -80.4969987
    Latitude
    27.8718314

    Nearby Comparable

    • $2,995,000

      Micco Riverfront Development Land

      5.33 Acres, Highway 1 Frontage, Opportunity Zone
      8560-8580 Us Highway 1, Micco, FL 32976
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    • $69,000

      Micco Commercial Land - $69K

      Prime .32-acre lot, ideal for mixed-use.
      0 10Th St, Micco, FL 32976
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    • $75,000

      Micco Land: Prime Commercial/Residential Lot

      .42-acre lot, ideal for home or business.
      0 10Th St, Micco, FL 32976
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    • $64,900

      Prime Micco Land - $64,900

      7,405 sq ft commercial/residential lot.
      463 Egret Cir, Micco, FL 32976
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    Nearby Similar for Sale

    • $55,000

      Prime Micco Cafe & Restaurant

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    FAQs

    What type of property is this?
    Land - .84-acre corner lot, US-1 frontage
    Where is this land located?
    The property is located at 8560 Us-1 Micco, FL.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: .84-acre commercial lot in Micco, FL, with 225' of US Highway 1 frontage.; CL (Commercial Light) zoning allows diverse commercial uses.; High-visibility location between Vero Beach and Sebastian, near a new 7-Eleven and a busy intersection.
    (772) 713-4471
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    8560 Us-1 Micco, FL 32976
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    Micco, FL 32976
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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
    8560 Us-1 Micco, FL 32976
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