This exceptional business opportunity is situated at 717 Coolidge Street in Sebastian, Florida, offering a unique blend of prime location and high growth potential. The property boasts a substantial 2,508 square feet of space, ideally positioned just steps away from the picturesque Indian River, the vibrant Riverview Park, and a convenient public boat ramp. This strategic location provides unparalleled access to recreational activities and a thriving community, making it an attractive destination for a wide range of businesses. The property's proximity to the water offers stunning riverfront views, creating a desirable and potentially lucrative environment for various commercial ventures. The absence of acreage associated with the property allows for focused development and efficient operations. Priced at $650,000, this presents a compelling investment opportunity for entrepreneurs seeking a high-visibility location with significant potential for return. The existing structure offers a solid foundation for a variety of business models, allowing for customization and adaptation to suit specific needs. The property's location within Sebastian, Florida, offers access to a growing population and a strong local economy. This is a rare chance to acquire a well-situated commercial property in a desirable waterfront location. Serious inquiries are encouraged to explore the possibilities and unlock the full potential of this exceptional business opportunity.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,013,270
6.5%
$935,326
7%
$868,517
Comparable approach
Method
Valuation
Relative Method
$992,455
Geo Method
$992,455
Alternative Use
Use
Valuation
Residential
$788,982
Hospitality
$722,704
Educational
$601,281
Medical
$621,960
Retail
$935,326
Location Insight
City
Sebastian
County
Indian River
State
Florida
Latitude
27.8103
Longitude
-80.4661
CBSA code
42680
CBSA name
SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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