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Property profile & analytics
OFF-MARKET
Land

0000 Us-1 & Rocky Pt Rd Malabar, FL 32950

60 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 60-acre property presents a significant value-add opportunity for developers seeking prime land in Brevard County, Florida. Strategically located on US Highway 1 and boasting approximately 2.75 acres of direct Indian River waterfront, this site offers unparalleled exposure and access. Recent comparable sales of Indian River frontage range from $450,000 to $1,000,000 per acre, highlighting the exceptional value of this offering. The property also benefits from extensive US-1 Highway frontage and Florida East Coast Rail frontage. The zoning is primarily residential, with portions exhibiting potential for commercial development, allowing for diverse development options. The property's location in the booming Space Coast region of south Brevard County ensures strong potential for future appreciation. Parcel numbers are 29380800751 and 293817001. Ownership is fee simple. Detailed information, including videos and documents, is available online. This is a rare opportunity to acquire a large, versatile parcel with significant waterfront acreage in a high-growth area. The property's unique combination of highway, waterfront, and rail access makes it ideal for a variety of development projects. Don't miss this chance to capitalize on the burgeoning real estate market in Brevard County.

Property profile
Verified
Property type Land
Lot 60 ac (2,613,600 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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