2100 93Rd AveVero Beach, FL 32966

  • Commercial land
  • 3.22 AC
For Sale
$2,950,000 View listing

Property Details for 2100 93Rd Ave

Lot size
3.22 AC
Zone code
CG
Property type
Commercial land
APN
33-38-03-00002-0160-00001.0
APU
9223372036854775807

Description

This exceptional commercial land parcel presents a unique investment opportunity in Vero Beach, Florida. Strategically located at the intersection of I-95 and SR 60, this property boasts unparalleled visibility and accessibility. The site offers a total acreage ranging from 6.84 to 14.30 acres, depending on the configuration. Two distinct parcels are available, one measuring 7.49 acres and the other 6.84 acres, each with its own pricing. The larger parcel is listed at $2,950,000, while the smaller parcel is priced at $2,750,000. The property is zoned Commercial General (CG), allowing for a wide range of commercial development options. Convenient access is provided via an SR 60 easement. The area is experiencing significant commercial growth, with nearby amenities including an outlet mall and restaurants. County water and sewer services are available, along with FPL electricity. Annual property taxes for the larger parcel are $2,117.70 (2023), and $5,240.50 for the smaller parcel (2023). The high traffic count of approximately 30,143 vehicles daily (2018) further enhances the property's commercial potential. There's also the possibility of abandoning certain roads if all lots are acquired. This prime location offers exceptional exposure and significant growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $56,706,812
    Hospitality
    $51,943,136
    Educational
    $43,216,076
    Medical
    $44,702,344
    Retail
    $67,225,008

Location Insight

City
Vero Beach
County
Indian River
State
Florida
Latitude
27.6424
Longitude
-80.5176
CBSA code
42680
CBSA name
SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$872
$56,443
-
$56,443
-
$56,443
-
$56,443

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