Current Use by Public Records
- Investment properties
Property Details for 9295 Us Highway 1
- Year built
- 1951
- Property type
- Investment properties
Description
This exceptional investment opportunity encompasses a thriving 26-unit motor lodge situated on a highly visible US Highway 1 frontage in Sebastian, Florida. The property boasts a total land area of 5.13 acres, strategically divided into three parcels. The main parcel houses the operational motor lodge, offering significant revenue potential. An adjacent 1.4-acre lot includes a single-family residence, ideal for on-site management or additional rental income. A separate 0.98-acre commercial lot provides further development or expansion possibilities. The motel itself comprises 26 units, currently generating income as an operating business. The inclusion of the single-family home offers convenient management options and adds to the overall value proposition. This turnkey operation presents a rare chance to acquire a well-established business with substantial land holdings in a desirable Florida location. The property's prime highway frontage ensures high visibility and accessibility, making it an attractive destination for travelers and locals alike. The substantial acreage offers significant potential for future development or expansion, allowing for increased revenue streams and long-term growth. The combined assets of the motel, commercial lot, and residential home create a unique and lucrative investment opportunity. The 10,241 square foot building provides ample space for the existing motel operations and potential future upgrades. This is a truly exceptional opportunity for a savvy investor seeking a profitable and established business with significant upside potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sebastian
- County
- Indian River
- State
- Florida
- Longitude
- -80.4919
- Latitude
- 27.8594
