0000 Us Hwy 1 Hwy Mims, FL 32754
This exceptional 5.54-acre commercial property in Mims, Florida, boasts 241,322.4 square feet of land and 350 feet of road frontage on US Highway 1. Zoned AU, EU-2, and B-1, it offers diverse development potential, including a potential flag lot for a residential estate combined with commercial ventures along the highway. The property's strategic location is just 1.5 miles north of the intersection of US-1 and State Road 46, providing easy access to I-95. Nearby amenities include the Indian River Golf Club (1.4 miles away, accessible via a rear trail), Jones Ave Boat Ramp, and Indian Riverfront Park (both 2.8 miles away). The asking price has been significantly reduced to $450,000, and seller financing may be available. This presents a unique opportunity to acquire a versatile property with significant development potential in a desirable location. The property's multiple zoning classifications allow for a wide range of uses, making it an attractive investment for both residential and commercial developers. Don't miss this chance to own a substantial piece of Brevard County real estate.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.