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Property profile

13350 Us-1 Sebastian, FL 32958

OFF-MARKET
Land
15.85 ac lot
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Property summary

AI-generated overview

This exceptional 15.85-acre commercial land parcel presents a unique development opportunity in Sebastian, Florida. Strategically located on US Highway 1 in Indian River County, this commercially zoned property boasts significant frontage on a major thoroughfare, ensuring high visibility and accessibility. The site's location within an established commercial area offers immediate proximity to key amenities and services, including the Sebastian River Medical Center and Sebastian Municipal Airport, enhancing its appeal to potential tenants and residents. The property's development plan is envisioned in two phases. The first phase involves subdividing the land closest to US Highway 1 into smaller, readily available commercial lots. The second phase focuses on multifamily development on the eastern portion of the site, capitalizing on the area's growing demand for residential options. This versatile property offers developers the chance to create a mixed-use development that caters to both commercial and residential needs. The land's size and location, combined with its proximity to a Publix supermarket across the highway, make it an attractive investment with significant potential for future growth and profitability. The 690,426 square foot parcel offers ample space for a variety of development projects, making it an ideal opportunity for investors seeking a high-impact commercial venture in a thriving Florida community. The zip code is 32958.

Property profile

Verified
Property type Land
Lot 15.85 ac (690,426 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

13350 Us-1 Sebastian, FL 32958
Sebastian metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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