4234 Highway 1 Grant Valkaria, FL 32949
For Sale
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Exceptional large-scale waterfront commercial development opportunity offered for land and building value only. Three parcels total nearly 3 acres with direct Indian River frontage, expansive water views, and approximately 310 feet of dock frontage. Highly desirable US-1 frontage provides excellent visibility, access, and long-term commercial value in a high-traffic corridor. Existing improvements include masonry concrete/stucco buildings: a fully leased 2,240 SF freestanding retail building and 8,280 SF of mini-storage (27 units) generating interim income. Retail zoning and completed conceptual phased development plans position the site as developer-ready for expansion or redevelopment (buyer to verify zoning, density, approvals, and permitted uses). Business operations not included.
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.