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Property profile & analytics
OFF-MARKET
Neighborhood centers

1501 Us-1 Vero Beach, FL 32960

139,414 SF
Property ID
Property summary
AI-generated overview

Indian River Plaza, located at 1501 US-1 in Vero Beach, FL (zip code 32960), presents a significant retail investment opportunity. This C-1 zoned strip center boasts a total of 139,414 square feet, with a substantial 54,092 square feet of vacant space currently available. The property benefits from a strong tenant mix, including Tractor Supply Co, Tropical Smoothie, Moe's, and the United States Postal Service. The former Kmart location provides a prime opportunity for an anchor tenant. The plaza enjoys excellent visibility and high traffic counts due to its strategic location on US Highway 1, which sees 28,000 cars per day. Nearby retailers include Publix, Walmart Neighborhood Market, Starbucks, and Walgreens, further enhancing the property's desirability and drawing power. This is an exceptional chance to acquire a well-positioned retail property in a thriving Vero Beach market. The property is classified as Retail and Restaurant, with a Strip Center subtype and multiple tenancies.

Property profile
Verified
Property type Neighborhood centers
Total area 139,414 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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