9300 Highway A1AVero Beach, FL 32963
- Office properties
- 3,480 SF
Property Details for 9300 Highway A1A
- Year built
- 1984
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.29 AC
- Property size (Sq ft)
- 3,480 SF
- Zone code
- CN
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 31-39-23-00004-0001-00005.0
- APU
- 9223372036854775807
Description
This exceptional commercial property at 9300 Highway A1A in Vero Beach, Florida (zip code 32963), offers a unique opportunity for businesses seeking a prime location. The property consists of a two-story building with a total of one suite, encompassing 1,540 square feet of unfinished second-floor office space. The building sits on a 0.29-acre lot boasting 139 feet of frontage on Highway A1A, a high-traffic area with an average annual daily traffic count of 6,800 vehicles. This ensures excellent visibility and accessibility for your business. The location is highly desirable, nestled between Orchid Island and John's Island, offering proximity to beautiful beaches and upscale amenities. Ample parking is available behind the building for the convenience of employees and clients. The landlord is offering a build-to-suit option, completing construction within 45 days of lease signing, allowing for customization to meet your specific business needs. The ground floor is currently occupied by a tenant. This presents a rare chance to establish your presence in a luxurious, affluent beach town surrounded by country clubs, polo fields, and a high-net-worth clientele. The property's APN is 36946. This is an unparalleled opportunity to capitalize on Vero Beach's thriving market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,313,386
- 6.5%
- $1,212,357
- 7%
- $1,125,760
-
Comparable approach
- Method
- Valuation
- Relative Method
- $887,087
- Geo Method
- $887,087
-
Alternative Use
- Use
- Valuation
- Residential
- $1,503,322
- Hospitality
- $1,377,035
- Educational
- $1,145,677
- Medical
- $1,185,078
- Retail
- $1,782,164
Location Insight
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Latitude
- 27.7636
- Longitude
- -80.3982
- CBSA code
- 42680
- CBSA name
- SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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