US1 Growth Corridor Commercial Opportunity
1.5 Acres Commercial Heavy | 11,000+ SF Existing | Approved Expansion | 26,500 Vehicles Per Day
Marketing description
Prime 1.5 acre redevelopment and owner user opportunity positioned on US Highway 1 in the epicenter of growth between Sebastian and Vero Beach. The property is zoned Commercial Heavy and benefits from approximately 26,500 vehicles per day in direct frontage exposure.
The site offers over 11,000 square feet of existing rentable improvements with approval in place to construct an additional 4,500 square feet. The combination of location, zoning flexibility, traffic counts, and surrounding residential density makes this asset ideal for redevelopment, an owner occupant seeking income offset, or an investor targeting service oriented tenants.
The property sits along US Highway 1, strategically positioned between Sebastian and Vero Beach in one of Indian River County’s fastest growing corridors.
The corridor is surrounded by established residential communities and multiple new upscale neighborhoods currently under construction. Population density and household income trends support continued commercial absorption along this stretch of US1.
Nearby demand drivers include:
• Vero Beach Regional Airport
• Wabasso Bridge providing direct barrier island access
• Harbor Point Retail Plaza anchored by Publix
Investment highlights
• 1.5 acres zoned Commercial Heavy
• Direct frontage on US Highway 1
• Approximately 26,500 vehicles per day
• Over 11,000 square feet of existing rentable space
• Approved for additional 4,500 square feet of development
• High visibility and strong access
• Located within Indian River County’s primary growth corridor
Investment and Redevelopment Opportunity
This asset offers three clear paths to value creation:
Redevelopment Play
Commercial Heavy zoning allows for a wide range of commercial and service uses. The existing improvements combined with approved additional square footage provide immediate upside and long term repositioning flexibility.Owner User with Income Offset
An operator can occupy a portion of the property while leasing remaining suites to contractors, service businesses, or trade users. Strong frontage and central location support consistent demand.Cash Flow Investment
Over 11,000 square feet of rentable space with approval to expand. Given proximity to bridges, dense rooftops, and strong traffic counts, contractor and service tenants will lease quickly in this submarket.
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