Property profile

60 And Vero Bch Bch Vero Beach, FL 32966

OFF-MARKET
Retail properties & Spaces
2,866 SF 1.35 ac lot
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Property summary

AI-generated overview

This ±1.35-acre parcel presents a remarkable opportunity for a quick-serve restaurant (QSR) development in Vero Beach, Florida. Located at the highly visible southeastern corner of the Vero Beach Outlets Mall entrance and State Road (SR) 60, this site boasts exceptional visibility and accessibility. The property features frontage on SR 60, the mall's entrance road, and 94th Court, ensuring significant exposure to the substantial traffic flow along this major thoroughfare. The site is fully approved for QSR use, eliminating lengthy permitting processes and expediting development timelines. The surrounding area is anchored by a thriving outlet mall featuring prominent retailers such as Nike, Coach, and Polo Ralph Lauren, guaranteeing a robust customer base. Nearby complementary businesses include Cracker Barrel, Holiday Inn Express, Hampton Inn, and Steak 'n Shake, further enhancing the location's appeal. The property's strategic location offers convenient access to both the east and west corridors of Vero Beach, and its proximity to the interchange of SR 60 and Interstate 95 (within 10 miles in either direction) provides easy access for customers throughout the region. The total land area is approximately 2,866 square feet, and the asking price is $915,000. This represents a compelling investment opportunity for developers seeking a prime location with significant growth potential.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,866 SF
Lot 1.35 ac (58,806 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

60 And Vero Bch Bch Vero Beach, FL 32966
Vero Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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