6420 Us-1 Vero Beach, FL 32967
This exceptional 8.75-acre commercial land parcel presents a remarkable investment opportunity in Vero Beach, Florida. Strategically located on US Highway 1, this property boasts 1,110 feet of frontage, ensuring high visibility and accessibility. The site is zoned CL (Commercial Light), permitting a diverse range of uses including retail, restaurants, medical facilities, and business offices. With an estimated daily traffic count of approximately 21,800 vehicles, this location offers unparalleled exposure to a substantial customer base. The property comprises five parcels totaling 8.75 acres and is surrounded by numerous residential communities, providing a strong foundation for sustained growth and demand. Utilities include county water and FPL electric are readily available. The property's advantageous hard corner location and high traffic volume make it ideal for a variety of commercial ventures. The 2021 real estate taxes for all five parcels totaled $5,472.23. The asking price for this prime commercial land is $2,843,379. This is a rare opportunity to acquire a significant commercial property in a thriving Vero Beach location.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.