For Sale
$417,952

9420 19Th LnVero Beach, FL 32966

1.01-acre commercial lot, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • $417,952 asking price for 1.01 acres of commercial land.
  • Located in Vero Beach, FL, at 9420 19th Ln, 32966.
  • Opportunity Zone property with high visibility and traffic, situated at the entrance to a regional outlet mall.
  • Adjacent to Cracker Barrel, Steak N Shake, Holiday Inn Express, and Hampton Inn.
  • Commercial General (CG) zoning; County water and sewer; FPL power available.

Property Details for 9420 19Th Ln

Property type
Land
Lot Size (sq. ft)
43,996 SF

Location Insight

City
Vero Beach
County
Indian River
State
Florida
Latitude
27.638206
Longitude
-80.52106
9420 19Th Ln, Vero Beach, Florida

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9420 19Th Ln
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