9420 19Th Ln Vero Beach, FL 32966

Property Details for 9420 19Th Ln

Lot size

1.01 lot acres

Zone code

CG

Property type

Commercial land

APN

33-38-03-00008-0000-00010.0

APU

9223372036854775807

Description

This exceptional 1.01-acre commercial land parcel presents a compelling investment opportunity in Vero Beach, Florida. Located at 9420 19th Ln, 32966, this property boasts a highly visible and desirable location at the entrance to a regional outlet mall, ensuring high traffic and growth potential. The site benefits from its proximity to established businesses such as Cracker Barrel, Steak N Shake, Holiday Inn Express, and Hampton Inn, further enhancing its commercial viability. Designated as an Opportunity Zone property, this land offers significant tax advantages. The property is zoned CG (Commercial General) and features readily available county water and sewer services, along with FPL electricity. Approximately 80% of off-site retention is already in place, simplifying development. Annual dues range from $1,000 to $1,400. The 2021 property taxes were $2,124.84. This parcel is priced at $417,952 and presents a strong return on investment potential due to its strategic location and advantageous zoning. The I-95 interchange proximity ensures excellent accessibility. This is an exceptional opportunity for developers and investors seeking a high-growth area with significant commercial potential.