US-1 Hard Corner Development Site | Vero Beach, FL
Divisible 6.5 Acre +/- Signalized Corner Development Opp with US-1 Frontage
Marketing description
Vero Capital Group is pleased to present approximately 6.50 acres located at the southeast corner of US Highway 1 and 41st Street in Vero Beach, Florida. The property is zoned General Commercial (GC) and is available for sale, ground lease, or build-to-suit.
The surrounding trade area is experiencing significant residential growth, with over 1,000 units recently delivered or underway in the immediate vicinity. Commercial development has not kept pace, creating opportunity for neighborhood-serving retail, medical, office, and service uses. A new national grocery store planned directly across the intersection is expected to significantly increase traffic and establish this corner as a primary retail node for North Vero Beach.
Investment highlights
SIGNALIZED INTERSECTION ON US-1
The property is located at the southeast corner of US 1 and 41st Street, a fully signalized intersection with traffic counts near 30,000 vehicles per day. The site provides strong visibility and consistent exposure to local and commuter traffic.
EXPLOSIVE RESIDENTIAL GROWTH IN IMMEDIATE AREA
More than 1,000 residential units have recently delivered or are under construction within the immediate trade area. The Vivian - 189 ultra-luxury apartments & townhomes, Verity Luxury Apartment Homes - 252 Class-A garden units, Spoonbill Preserve is breaking ground on 872 new homes, adjacent Costa Point & other residential growth with more than 550 new dwelling units.
NEW GROCERY-ANCHORED DEVELOPMENT ACROSS THE STREET
A new national grocery store is under way directly across from the site. The addition of a daily-needs anchor is expected to significantly increase traffic at the intersection and establish this corner as a primary retail node for the surrounding residential growth.
ACCESS TO REGIONAL TRANSPORTATION ROUTES
US 1 serves as a primary north–south arterial through Indian River County with connections to SR-60 and Interstate 95. The location provides access to both local neighborhoods and regional traffic patterns.
CLEVELAND CLINIC INDIAN RIVER HOSPITAL
The site is located approximately one mile north of the Cleveland Clinic Indian River Hospital and surrounding medical district. This proximity supports healthcare-related uses and contributes to steady daytime traffic.
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