670 8Th St Vero Beach, FL 32960
This exceptional 3.6-acre vacant land parcel presents a remarkable investment opportunity in Vero Beach, Florida. Located at 670 8th Street, this property boasts a highly desirable location on the northwest corner of 6th Avenue and 8th Street, a signalized intersection ensuring excellent visibility and accessibility. The site is strategically positioned near US-1, a major thoroughfare, further enhancing its exposure to a large volume of traffic. Three sides of the property are bordered by paved roads, simplifying development and access. The land is zoned CG, making it suitable for a diverse range of commercial developments, from retail spaces to office buildings, or other commercial ventures. The asking price for this prime commercial land is $1,800,000. The property's APN is 33391200015000000008.0. Its location in Indian River County, Florida, zip code 32960, offers a thriving market and strong potential for significant return on investment. This is a rare chance to acquire a highly visible and conveniently located commercial lot in a growing area. Don't miss this opportunity to capitalize on the potential of this exceptional property.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.