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    1511 Us-1 Sebastian, FL 32958

    For Lease
    $19 SF/Yr

    Riverfront Office Space, Two Units Available

    Lot size:
    17,296 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    KH Plaza, a Class B office building in Indian River County, offers two immediately available suites totaling 2,820 square feet of vacant space within a 17,296 square foot building. Built in 1973, this multi-tenant property boasts excellent visibility and convenient access on US1, featuring a northbound turn lane. Ample parking is available both in front and behind the building. Unit 202 offers 820 square feet, including a reception area, large workroom, and one private office. Unit 203-204 comprises 2,000 square feet and includes two private offices, a large conference room, reception area, a bull-pen with seven cubicle stations, three restrooms, and a kitchen/breakroom. The property is zoned (CR) Commercial Riverfront, providing access to city water and FPL utilities. The average annual daily traffic count on US1 is 25,400 (AADT 2023). Lease rate is $19.00 per square foot, plus taxes and CAM, which are included. This prime location presents a fantastic opportunity for businesses seeking efficient and well-appointed office space with high visibility in a desirable area.

    Property Features for 1511 Us-1

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,296 SF
    Class
    B
    Total Rate
    27385.33

    Building Details

    Year Built
    1973

    Unit(s) available at that property

    Space
    202
    Size
    820 SF
    Rate per SF
    $19
    Space
    203-204
    Size
    2,000 SF
    Rate per SF
    $19

    HighLights

    • 17,296 SF Class B office building in Indian River County, built in 1973.
    • Multiple tenancy with 2,820 SF vacant.
    • Two suites available: 820 SF and 2,000 SF.
    • Excellent US‑1 visibility with ample parking.
    • $19.00/SF + CAM, (CR) Commercial Riverfront zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sebastian
    County
    Indian River
    State
    Florida
    Longitude
    -80.4940438
    Latitude
    27.7818804

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    FAQs

    What type of property is this?
    Office Property / Space - Riverfront Office Space, Two Units Available
    Where is this office property / space located?
    The property is located at 1511 Us-1 Sebastian, FL.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 17,296 SF Class B office building in Indian River County, built in 1973.; Multiple tenancy with 2,820 SF vacant.; Two suites available: 820 SF and 2,000 SF.
    Request Owner's contact information
    1511 Us-1 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
    1511 Us-1 Sebastian, FL 32958
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