1555 Us-1 Vero Beach, FL 32960
Indian River Plaza offers 7,200 sq ft of contiguous, immediately available Class A medical office space in Vero Beach, Florida. Located on US Highway 1, this single-story building boasts 71,062 total square feet, 27 suites, ample parking (1015 spaces), and high visibility with 32,500 vehicles passing daily. Built in 1979 and renovated in 2019, the property sits on a 7.45-acre lot and is zoned C-1. The minimum divisible space is 3,200 sq ft, with a maximum contiguous space of 7,200 sq ft currently vacant. The property benefits from a dedicated turn lane and is surrounded by affluent neighborhoods and strong retail options, including the USPS, Tractor Supply Co., and Tropical Smoothie Cafe. This prime location in the US Hwy 1 Retail Corridor offers excellent potential for businesses seeking high visibility and convenient access in a thriving community. The property features a strong tenant mix attracting over 521,900 annual visits.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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