9300 Highway A1AVero Beach, FL 32963

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 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.

• 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

FAQs

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