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Prime Commercial Land in Vero
For Sale
$2,849,000

6420 Us Highway 1, Vero Beach, FL 32967

8.75 acres with high visibility and development potential.

Property Size380,000 SF
Lot Size8.75 Acres
Price / SF$7.50
Days on Market957

Property Features for 6420 Us Highway 1

General Information

Standard status Active
Size 380,000 SF
Lot size 8.75 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $4,763
Listing Agency: Alex MacWilliam, Inc.
Listed By: T.P. Kennedy · License #3377487
Source: Exprealty
Added: Feb 22, 2024 Changed: Sep 5 Last Checked: Oct 5 at 10:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alex MacWilliam, Inc.

Investment Insights

Based on property information with market context.

This 8.75-acre commercial property features over 1125 feet of frontage on US Highway 1 in Vero Beach, Florida, with additional frontage on Old Dixie Highway. Located on a hard corner, the site benefits from high traffic volume. The property is suitable for retail, medical, office, restaurant, bank, or daycare establishments. It is situated in an area experiencing new housing growth and is adjacent to the Antilles community, offering opportunities for businesses seeking visibility and accessibility.

Key Highlights

  • Prime US #1 Vero Beach Commercial Property with over 1125 feet of frontage.
  • High traffic volume counts due to hard corner location.
  • 8.75 acres of land with additional frontage on Old Dixie Hwy.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Storage Facility Plumbing Service Furniture & Home Goods Grocery & Convenience Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby

Demographics for 32967, FL

25,785
Population
12,358
Households
2.1
Avg Household Size
50
Median Age
35%
College-Educated
91%
High-School Grad
40.0 sq mi
ZIP Area
645
Density / Sq Mi
$73,875
Median Household Income
$38,156
Median Earnings
$1,425
Median Rent
$394,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 8.75 acres with high visibility and development potential.
Where is this commercial land located?
The property is located at 6420 Us Highway 1 Vero Beach, FL.
What is the asking price?
The asking price for this property is $2,849,000.
What are key features of this property?
This property features: Prime US #1 Vero Beach Commercial Property with over 1125 feet of frontage.; High traffic volume counts due to hard corner location.; 8.75 acres of land with additional frontage on Old Dixie Hwy.
More about this property
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