580 Us Highway 1 Vero Beach, FL 32962
This exceptional 1.88-acre commercial land parcel is ideally situated at 580 US Highway 1 in Vero Beach, Florida, zip code 32962. Zoned CG - General Commercial, this property presents a remarkable opportunity for developers and investors. The asking price is $1,200,000. All necessary infrastructure is already in place at the site, eliminating significant upfront development costs and expediting project timelines. This is a turnkey opportunity for businesses seeking a prime location with immediate access to high traffic volume on US Highway 1. The property's strategic location offers excellent visibility and accessibility, making it suitable for a wide range of commercial ventures. Furthermore, the seller is offering attractive incentives to facilitate a smooth transaction. Specifically, the owner is willing to build to suit the needs of a prospective buyer, tailoring the construction to meet specific business requirements. Alternatively, a ground lease arrangement is also available, providing flexibility for various investment strategies. This unique combination of location, zoning, and seller flexibility makes this property an exceptional investment opportunity in the thriving Vero Beach market. Don't miss this chance to acquire a highly desirable commercial land parcel in a prime location.
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.