6420 Us Highway 1 Vero Beach, FL 32967
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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