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Property profile & analytics
OFF-MARKET
Land

6420 Us Highway 1 Vero Beach, FL 32967

Property ID
Property summary
AI-generated overview

This exceptional 8.75-acre commercial land parcel presents a remarkable investment opportunity in Vero Beach, Florida. Located at 6420 US Highway 1, this property boasts an impressive 1125+ feet of frontage on US Highway 1, a major thoroughfare, and additional frontage on Old Dixie Highway. The hard-corner location ensures high visibility and accessibility, benefiting from significant daily traffic counts. Its strategic position makes it suitable for a diverse range of commercial ventures, including retail, medical facilities, office spaces, restaurants, banking institutions, or daycare centers. The property is situated in a dynamic area experiencing substantial residential growth, particularly adjacent to the Antilles community, creating a strong and expanding customer base. This presents a unique chance to establish a business in a thriving neighborhood with excellent visibility and convenient access for customers. The asking price for this exceptional commercial land is $2,849,000. The property is located in Indian River County, Florida, zip code 32967. The coordinates are 27.710457 latitude and -80.418844 longitude.

Property profile
Verified
Property type Land
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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