Skip to main content

Commercial

Auction - 2.85 AC Vacant Parcel on US-1 | 26K VPD

7560 US-1, Vero Beach, FL 32967

Listing Price: $40,000

Lot Size
2.85 acres
Price/Acre
$14,035
Land Type
Land

Investment Overview

Register to Bid and Access Due Diligence Documents on RI Marketplace | ONLINE AUCTION MARCH 4-6, 2024

https://rimarketplace.com/auction/1803?utm_source=costar&utm_medium=listing&utm_campaign=land_1803

Marcus & Millichap is pleased to present a ±2.85 acre land parcel located at 7560 US-1 (the “Property”) in Vero Beach, Florida. The Property benefits from frontage and visibility on US-1 with traffic counts of 26,000 vehicles per day. The Property benefits from highly favorable CL, Limited Commercial, zoning that allows for a wide variety of uses including retail, financial, office, professional services, restaurant, self-service storage (by special exception), and many more. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside.

The Property is conveniently located in Vero Beach along the picturesque Treasure Coast and benefits from its prime position between Miami and Orlando. The Property is easily accessible and is ideally positioned along the thriving US-1 corridor, just minutes from I-95, and west of the Indian River and Atlantic Ocean beaches. As of 2023, the Property’s demographics have ±41,907 individuals residing within a 5-mile radius, with an average household income of ±$102,059. The Property is located within a high growth area with population growth of 31.68% from 2010-2023 and an anticipated 5.11% growth expected from 2023-2028 within five miles of the Property.

Lamar P. Fisher, Auctioneer
Fisher Auction Company Inc.
FL License: AU93
Fisher Auction Co: AB106

Investment Highlights

  • STARTING BID $40,000 | 2.85 AC | 26K VPD | AUCTION MARCH 4-6, 2024
  • ±2.85 AC Commercial Land Opportunity on US-1 in Vero Beach, Florida (26,000 VPD)
  • Zoned CL, Limited Commercial Allowing for Flexible Uses including Retail, Professional Office, Restaurant, and Self-Service Storage (Special Exception)
  • Attractive Demographics with 5-Mile Population of ±41,907 and Annual Household Income of ±$102,059
  • 31% Population Growth from 2010-2023 and 5% Growth Anticipated 2023-2028 (5-Mile Radius)

Exclusively Listed By

Commercial

Auction - 2.85 AC Vacant Parcel on US-1 | 26K VPD

Listing Price: $40,000

Lot Size
2.85 acres
Price/Acre
$14,035
Land Type
Land

Investment Highlights

  • STARTING BID $40,000 | 2.85 AC | 26K VPD | AUCTION MARCH 4-6, 2024
  • ±2.85 AC Commercial Land Opportunity on US-1 in Vero Beach, Florida (26,000 VPD)
  • Zoned CL, Limited Commercial Allowing for Flexible Uses including Retail, Professional Office, Restaurant, and Self-Service Storage (Special Exception)
  • Attractive Demographics with 5-Mile Population of ±41,907 and Annual Household Income of ±$102,059
  • 31% Population Growth from 2010-2023 and 5% Growth Anticipated 2023-2028 (5-Mile Radius)

Investment Overview

Register to Bid and Access Due Diligence Documents on RI Marketplace | ONLINE AUCTION MARCH 4-6, 2024 https://rimarketplace.com/auction/1803?utm_source=costar&utm_medium=listing&utm_campaign=land_1803 Marcus & Millichap is pleased to present a ±2.85 acre land parcel located at 7560 US-1 (the “Property”) in Vero Beach, Florida. The Property benefits from frontage and visibility on US-1 with traffic counts of 26,000 vehicles per day. The Property benefits from highly favorable CL, Limited Commercial, zoning that allows for a wide variety of uses including retail, financial, office, professional services, restaurant, self-service storage (by special exception), and many more. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside. The Property is conveniently located in Vero Beach along the picturesque Treasure Coast and benefits from its prime position between Miami and Orlando. The Property is easily accessible and is ideally positioned along the thriving US-1 corridor, just minutes from I-95, and west of the Indian River and Atlantic Ocean beaches. As of 2023, the Property’s demographics have ±41,907 individuals residing within a 5-mile radius, with an average household income of ±$102,059. The Property is located within a high growth area with population growth of 31.68% from 2010-2023 and an anticipated 5.11% growth expected from 2023-2028 within five miles of the Property. Lamar P. Fisher, Auctioneer Fisher Auction Company Inc. FL License: AU93 Fisher Auction Co: AB106

Exclusively Listed By

MM Texture Background
MM Textured Background Lower