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    OFF-MARKET
    Land

    8701 20Th St, Vero Beach, FL 32966

    9.69 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9.69-acre commercial land parcel is strategically located at 8701 20th Street in Vero Beach, Florida, 32966. Situated on State Road 60 (20th Street), this property boasts exceptional visibility and accessibility, being only two-quarters of a mile east of the I-95 interchange. High traffic counts ensure significant exposure for any development. The property features a full median cut with dedicated turn lanes, providing convenient ingress and egress for customers and employees. Adding to its desirability, a Publix supermarket is currently under construction just one-quarter mile to the east, further enhancing the area's commercial appeal and foot traffic. All utilities are readily available on-site, simplifying the development process. The property is zoned CG, allowing for a variety of commercial uses. This prime location and convenient access make this 9.69-acre parcel an outstanding investment opportunity in a rapidly growing area. The asking price is $6,750,000.

    Property profile
    Verified
    Property type Land
    Lot 9.69 ac (422,096 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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