1605 Us-1 Sebastian, FL 32958
This exceptional 0.99-acre property is located at 1605 US Highway 1 in Sebastian, Florida, within Indian River County (zip code 32958). The land is zoned CR - Commercial Riverfront, offering significant development potential. Its prime location on a high-traffic section of US Highway 1 ensures excellent visibility and accessibility for businesses. The property includes an existing approximately 900-square-foot building, originally constructed as a residence. This structure presents a versatile opportunity for adaptation into a commercial sales office, retail shop, or other suitable commercial use. The asking price for this strategically located commercial and residential zoned land is $425,000. This presents a rare chance to acquire a well-positioned property in a thriving Florida community with high potential for return on investment. The property's latitude and longitude coordinates are 27.82225191466215 and -80.47313334339665 respectively.
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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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.