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Property profile & analytics
OFF-MARKET
Land

8560 Us-1 Micco, FL 32976

5.33 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.33-acre property in Micco, Florida, presents a remarkable development opportunity. Located on US Highway 1, it boasts 200 feet of direct highway frontage, ensuring high visibility and accessibility. The land is designated as an Opportunity Zone, offering potential tax advantages for investors. Its unique topography gradually rises from east to west, providing stunning views across the property. A significant advantage is the existing riverfront area, perfect for incorporating amenities such as a small clubhouse, two piers, or a dock. Currently zoned for single-family residential use, this versatile parcel is easily rezoned for commercial or multi-family residential development. The property's high and dry location, well above sea level, eliminates flood concerns. Infrastructure is already in place, with manhole covers installed and sewer connection anticipated soon. Both front and rear access points provide convenient entry and exit. This prime location, combined with its versatile zoning and attractive features, makes this an exceptional investment for developers seeking to create a unique and desirable residential or commercial project. The property's riverfront location and highway frontage offer unparalleled potential for a high-return investment.

Property profile
Verified
Property type Land
Lot 5.33 ac (232,175 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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