1865 Old Dixie Hwy Vero Beach, FL 32960
- Commercial land
- 0.52 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1865 Old Dixie Hwy
- Lot size
- 0.52 lot acres
- Zone code
- DTW
- Property type
- Commercial land
- APN
- 33-39-02-00010-0010-00000.1
- APU
- 9223372036854775807
Description
This exceptional 23,522 square foot (0.54-acre) parcel is ideally situated in Vero Beach's historic downtown district. Boasting a highly desirable location, this single-tenant property offers unparalleled access to a vibrant mix of restaurants, boutiques, and art galleries. The property's strategic placement ensures high visibility and accessibility, with an impressive average annual daily traffic (AADT) count of 21,500 vehicles. Its versatile zoning makes it suitable for a variety of development projects, including multifamily residential, retail spaces, office buildings, or even a boutique hotel. The substantial lot size provides ample room for creative design and construction, allowing for a significant return on investment. This is a rare opportunity to acquire a prime piece of real estate in a thriving Florida community, offering exceptional potential for growth and profitability. The property's location within the historic downtown area ensures a strong foundation for any development, capitalizing on the existing infrastructure and the area's established appeal. This is a unique chance to build upon the existing success of Vero Beach's vibrant downtown core. The high traffic count further enhances the property's value, guaranteeing significant exposure for any future business or development.
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
- -80.3986
- Latitude
- 27.6357
- CBSA code
- 42680
- CBSA name
- SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
