19+/- Acres of general commercial property in a prime location

For Sale

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Package Property

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Listed on Dec 6, 2024

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Land

Property Type

No NOI data

Net Operating Income (NOI)

3 unit(s)

Total Units

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CAP RATE

3

Leasable Doors

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Land

Subtype

EXCEPTIONAL OPPORTUNITY! 19 +/- ACRES OF PRIME GENERAL COMMERCIAL PROPERTY WITH 400 +\- FEET OF FRONTAGE ON US HIGHWAY 1. LOCATED IN A RAPIDLY DEVELOPING CORRIDOR OF INDIAN RIVER COUNTY, PROVIDING SEAMLESS ACCESS TO BOTH SEBASTIAN AND VERO BEACH. WITH THE CR510 CAUSEWAY TO ORCHID ISLAND, DISNEY VERO RESORT AND SEBASTIAN INLET MINUTES AWAY, THIS LOCATION OFFERS CONVENIENCE FOR BUSINESS AND LEISURE ACTIVITIES. TO THE WEST, REDSTICK GOLF CLUB ENHANCES THE APPEAL OF THIS AREA. THE LISTING INCLUDES A BEAUTIFULLY UPDATED TWO-STORY HOUSE AND A MODERN DUPLEX. TRAFFIC COUNT: AADT 24,000. GREAT OPPORTUNITY FOR DEVELOPMENT OR INVESTMENT, OFFERING NUMEROUS AVENUES FOR GROWTH. ADDITIONAL ACREAGE AVAILABLE. LISTING CONSISTS OF THREE PARCELS TO BE SOLD TOGETHER ONLY.

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