8756 20Th St Vero Beach, FL 32966
- Commercial land
- 0.17 lot acres
Current Use by Public Records
- Commercial land
Property Details for 8756 20Th St
- Lot size
- 0.17 lot acres
- Zone code
- CL
- Property type
- Commercial land
- APN
- 33-38-02-00003-0170-00025.0
- APU
- 9223372036854775807
Description
This exceptional 2.85-acre commercial land parcel presents a remarkable investment opportunity in Vero Beach, Florida. Located at 8756 20th St, Vero Beach, FL 32966, this property boasts a prime location within Vero's fastest-growing commercial corridor, offering excellent visibility and accessibility. The site features 200 feet of frontage on SR 60, a major thoroughfare with a high daily traffic count of 30,766 vehicles (2021 Indian River County data), ensuring significant exposure for any development. The property is comprised of twelve parcels and is zoned (CL) Limited Commercial District, permitting a wide range of uses including grocery stores, dine-in restaurants, hotels, and mixed-use developments. This flexibility allows for diverse development options to cater to the area's growing needs. Several new housing developments and a Publix shopping center are under development within a three-mile radius, further enhancing the property's value and potential. The site offers convenient east and westbound access via a dedicated turn lane. County water and sewer are available, and FPL provides electric service. The 2022 property taxes were $2,042.49. The asking price for this exceptional development site is $1,457,500. Don't miss this chance to capitalize on the thriving Vero Beach commercial market.
Value Estimation
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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
- -80.5075
- Latitude
- 27.6396
- CBSA code
- 42680
- CBSA name
- SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
