6420 Us-1 Vero Beach, FL 32967
- Land
- 8.75 lot acres
Current Use by Public Records
- Land
Property Details for 6420 Us-1
- Lot size
- 8.75 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.4189
- Latitude
- 27.7105
