This exceptional 2-acre industrial property, located at 1050 Old Dixie Hwy in Vero Beach, Florida (zip code 32960), presents a compelling investment opportunity. The site boasts 180 feet of frontage, offering excellent visibility and accessibility. Currently zoned CH, the property is fully fenced and ideally suited for various uses, primarily outdoor storage of machinery, vehicles, and building materials. The availability of 3-phase power enhances its versatility and appeal to a wide range of potential tenants. The single-tenant occupancy provides a straightforward investment structure, minimizing management complexities. Given its size, location, and zoning, this property offers significant potential for future development or expansion. Its strategic location in Vero Beach, Florida, provides easy access to major transportation routes, further enhancing its logistical advantages. This is a rare opportunity to acquire a well-situated, versatile industrial land parcel in a thriving Florida market. The property's characteristics make it an attractive option for businesses seeking secure and accessible outdoor storage solutions or those looking to establish a presence in a dynamic commercial area. Serious inquiries are encouraged.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,527,669
Hospitality
$1,399,336
Educational
$1,164,231
Medical
$1,204,271
Retail
$1,811,026
Location Insight
City
Vero Beach
County
Indian River
State
Florida
Latitude
27.5839
Longitude
-80.379
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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