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Property profile

2025 92Nd Ct Vero Beach, FL 32966

OFF-MARKET
Land
2.19 ac lot
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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

Location

2025 92Nd Ct Vero Beach, FL 32966
Vero Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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