5885 College Ln Vero Beach, FL 32966
Property profile & analytics
5885 College Ln Vero Beach, FL 32966
- Commercial land
- 1.19 lot acres
Property ID
US18-4521361
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 5885 College Ln
- Lot size
- 1.19 lot acres
- Zone code
- CG
- Property type
- Commercial land
- APN
- 33-39-05-00010-0000-00006.0
- APU
- 9223372036854775807
Description
This exceptional 3.2-acre commercial land parcel presents a unique investment opportunity in Vero Beach, Florida. Located at 5845-5885 College Lane, this property boasts a highly desirable General Commercial (CG) zoning designation within Indian River County. Its strategic location at a busy intersection on SR60, with a daily traffic volume of 32,500 vehicles, ensures high visibility and accessibility. The property sits on a signalized corner lot, offering optimal exposure to potential customers. Its proximity to major retailers like Home Depot, as well as Ruby Tuesdays and Century Town Center, further enhances its commercial viability. The site's advantageous position near the entrance of Charter High School and Indian River State College provides a substantial and consistent population base. Accessed via a secondary road, this lot offers convenient access for businesses and customers alike. The asking price for this exceptional property is $1,800,000. This is a rare opportunity to acquire a strategically located commercial land parcel in a thriving area of Vero Beach, offering significant potential for development and return on investment. The 32966 zip code ensures easy access to local amenities and transportation networks.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.4486
- Latitude
- 27.6344
- CBSA code
- 42680
- CBSA name
- SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,120
$221,017
$0.00
$221,017
-
$221,017
$0.00
$221,017
