7656 Hwy Micco, FL 32976
This exceptional commercial property, located at 7656 Highway 1 in Micco, Florida, presents a significant investment opportunity. The 13,068 square foot lot houses a single-story, 1958-built retail building, ideally situated on the Indian River. Recently renovated, the building boasts a fully equipped kitchen, multiple private offices, and a covered porch, providing ample space for a variety of business ventures. A convenient shed in the back offers additional storage. Recent improvements include a new shower and a repaired septic tank cover, ensuring the property is move-in ready. The property's prime location on US Highway 1 offers excellent visibility and accessibility. While lacking a dock, the waterfront location presents limitless potential for diverse business applications. The asking price for this turnkey commercial property is $539,000. This is a rare chance to acquire a well-maintained, established commercial space in a desirable location with significant upside potential. The property's existing infrastructure and recent upgrades minimize immediate capital expenditures, allowing for a swift return on investment. The spacious layout and versatile design cater to a wide range of business needs, making it an attractive option for both established businesses and new ventures. Don't miss this opportunity to own a piece of Micco's thriving commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.