Current Use by Public Records
- Land
Property Details for 5330 Us-1
- Property type
- Land
- Property subtype
- Retail space
Description
This exceptional 1.41-acre commercial land parcel is ideally situated at 5330 US Highway 1 in Vero Beach, Florida (zip code 32967). Zoned Commercial General within Indian River County, this single-tenant property presents a unique investment opportunity. The property's APN is 32391400003000000002.0. The land is currently vacant, offering flexibility for a variety of commercial developments. Its strategic location within an emerging retail node is a significant advantage. This high-traffic area boasts established businesses including Walgreens, Publix, and McDonald's, along with other retail establishments, ensuring high visibility and accessibility for any new development. The area is experiencing strong residential growth, promising a robust and expanding customer base. An existing underlying lease provides long-term income potential, with an expiration date in 2039. This property offers a compelling combination of location, zoning, and lease terms, making it an attractive investment for discerning buyers seeking a foothold in a thriving Vero Beach market. The property's coordinates are 27.691004 latitude and -80.4121849 longitude.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.4122
- Latitude
- 27.691
