7420 20Th St Vero Beach, FL 32966
- Commercial land
- 0.98 lot acres
Current Use by Public Records
- Commercial land
Property Details for 7420 20Th St
- Lot size
- 0.98 lot acres
- Property type
- Commercial land
- APN
- 33-38-01-00001-0080-00001.2
- APU
- 9223372036854775807
Description
This exceptional 0.98-acre vacant retail pad, zoned CN, presents a remarkable investment opportunity in Vero Beach, Florida. Located at the northwest corner of SR 60 and 74th Avenue, this property boasts a highly visible and accessible location with exceptional traffic counts. SR 60 sees an average annual daily traffic (AADT) of 18,700 vehicles, while 74th Avenue registers 16,700 AADT. The site is ready for immediate development, featuring stubbed utilities and offsite stormwater retention. Its ideal location makes it perfect for a quick-service restaurant (QSR) or similar fast-food establishment. The asking price is $800,000, translating to a land value of $816,327 per acre. The property's APN is 33380100001008000001.2. A neighboring 7-Eleven with new construction further underscores the area's strong commercial viability. This is a rare opportunity to acquire a prime retail pad in a high-traffic location with excellent visibility and immediate development potential. The address is 7420 20th St, Vero Beach, FL 32966.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.4806
- Latitude
- 27.6398
- CBSA code
- 42680
- CBSA name
- SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
