10699 1 Sebastian, FL 32958
This exceptional 1.96-acre commercial land parcel presents a unique investment opportunity in the thriving city of Sebastian, Florida. Located at 10699 U.S. Highway 1, this property boasts high visibility and accessibility due to its prime location on a major thoroughfare. The zoning is designated as General Commercial, offering a wide range of potential uses for businesses seeking a prominent presence in this dynamic area. The single-tenant nature of the land provides flexibility for development tailored to a specific business need. With a total building square footage of 1 square foot (currently undeveloped), this site is a blank canvas for new construction or redevelopment. The expansive lot size provides ample space for building design and potential future expansion. Situated in Indian River County, this property benefits from a strong local economy and a growing population. The address is 10699 U.S. 1, Sebastian, FL 32958. This is an ideal location for businesses seeking high visibility and convenient access to major transportation routes. The property is currently available for lease, presenting a compelling opportunity for entrepreneurs and investors alike to establish a significant presence in this desirable Florida market. The latitude and longitude coordinates are 27.7888943, -80.4557123 respectively.
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
Similar Nearby for Lease
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.