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    OFF-MARKET
    Land

    2025 92Nd Ct, Vero Beach, FL 32966

    2.19 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial land offering presents a unique investment opportunity in Vero Beach, Florida. Situated near the intersection of I-95 and State Road 60, this property boasts high visibility and convenient access to major transportation arteries. The site encompasses a total of 6.84 acres, comprised of two parcels: Parcel A (2.19 acres) priced at $1,100,000 and Parcel B (4.65 acres) priced at $1,650,000, totaling $2,750,000. The property is zoned CG - Commercial General, allowing for a variety of development possibilities. Convenient access is provided via an SR 60 easement. The area is experiencing significant commercial and residential growth, with nearby amenities including an outlet mall and restaurants. Annual property taxes are $5,278.87 (2022). County water and sewer services are available, along with FPL electricity. The site enjoys high traffic counts, with approximately 30,766 vehicles passing daily (2021). A wetland map is available upon request. Additional adjoining acreage is available, potentially expanding the total to nearly 50 acres suitable for commercial and multi-family development.

    Property profile
    Verified
    Property type Land
    Lot 2.19 ac (95,396 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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