8701 20Th St, Vero Beach, FL 32966
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.
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
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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.