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Property summary
This exceptional 156.07-acre property in Vero Beach, Florida, presents a unique investment opportunity. Strategically located in Indian River County, this land boasts a prime location near major transportation arteries, with easy access to an interchange within two miles. The property is zoned (A-2) Agricultural -2 District, but designated for Commercial/Industrial future land use, offering significant development potential. County water and sewer are readily available, and FPL electric services the area. The asking price is $21,069,450, with 2021 property taxes totaling $5,054.31. This expansive parcel is situated in an Opportunity Zone, adding further investment appeal. Note that an adjacent 34.64-acre parcel is currently under contract. The property's versatility allows for potential division, catering to various development scenarios. Its proximity to multiple hotels, restaurants, and shopping centers enhances its commercial viability. This is a rare chance to acquire a substantial land holding in a rapidly growing area of Florida's east coast. The combination of location, zoning, and infrastructure makes this an attractive proposition for both industrial and commercial development.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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