Property summary
This exceptional 3.69-acre commercial land parcel presents a remarkable development opportunity in the thriving Sebastian, Florida market. Strategically located at 13975 US Highway 1, this property boasts approximately 460 feet of frontage on a heavily traveled corridor, ensuring high visibility and accessibility. Its prime location is adjacent to Sebastian River Medical Center, offering convenient access and synergy for medical-related ventures. The property is zoned Commercial/Medical, allowing for a wide range of uses, including but not limited to medical offices, assisted living facilities (ALF), storage facilities, and retail establishments. Preliminary plans for a 34,200 square foot, two-story medical office building have been proposed, showcasing the site's potential for significant development. The area is experiencing robust residential and retail growth, making this a particularly attractive investment for developers seeking a high-return opportunity in a dynamic market. The asking price for this exceptional property is $2,200,000. This land offers a unique blend of location, zoning, and potential, making it an ideal choice for investors and developers seeking a prime commercial development site in Indian River County. The property is situated in zip code 32958.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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