1050 Old Dixie HwyVero Beach, FL 32960

  • Warehouses
  • 3,426 SF

Property Details for 1050 Old Dixie Hwy

Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.50 AC
Property size (Sq ft)
3,426 SF
Zone code
CH
Property type
Warehouses
Property subtype
Self storage facilities
APN
33-40-30-00000-3000-00015.0
APU
9223372036854775807

Description

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

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
$2,644
$55,722
$102,835
$158,557
-
$55,722
$102,835
$158,557

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