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Property profile & analytics
OFF-MARKET
Land

1605 Us-1 Sebastian, FL 32958

0.99 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.99 ac (43,124 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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