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Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Industrial
  • Warehouse
Total Lot Size 1,105.00 AC
Opportunity Zone Yes

1 Lot Available

Lot

Lot Size 1,105.00 AC

Exceptional Land Banking Potential with $400K in Income and Future Versatility – Between I-95 & Florida’s Turnpike with 4000 ft frontage on HWY 60. The property is in an opportunity zone.

Description

This exceptional 1,105-acre and $400K income-producing with yearly escalation property presents a unique acquisition opportunity. Strategically located on HWY 60, west of I-95, it offers prime positioning between two of Florida’s major transportation corridors—the Interstate 95 and the Florida Turnpike. Boasting an impressive 4,000 feet of frontage along HWY 60, this property offers unparalleled visibility and access on one of the region’s most vital east-west corridors. HWY 60 seamlessly connects the Atlantic coast to the heart of the state, making it a preferred route for logistics, commuters, and future development. With direct connections from I-95 through Yeehaw Junction to the Turnpike, this tract is at the nexus of regional growth and transportation. Currently, the property is leased for Sod Farm until 2036, generating a steady and reliable income stream—an attractive feature for investors seeking immediate returns while planning for long-term appreciation. Located within a federally designated Opportunity Zone, this property offers significant tax incentives and savings for buyers, enhancing the investment’s overall financial appeal. Opportunity Zones are designed to spur economic growth and development, benefiting investors with potential capital gains advantages and supporting the area’s continued expansion. This vast acreage is ideally suited for land bankers and visionary investors looking to secure a large tract with limitless future potential. The property’s size and prime location make it ideal for a variety of future uses, with possibilities ranging from agricultural expansion and recreational endeavors to future residential, industrial, or commercial development, subject to approvals. Its proximity to major highways ensures that, as the region grows, the land will continue to appreciate in value and utility. Whether you are seeking to diversify your portfolio with a substantial, income-producing asset or position yourself for the next wave of development in Coastal Florida’s thriving corridor, this remarkable offering combines immediate benefits with outstanding long-term potential. • 1,105 acres with 4,000 feet of HWY 60 frontage • Strategic location between I-95 and Florida’s Turnpike • Situated on a major east-west transportation corridor • $400K income; leased until 2036 with annual increases • Located in an Opportunity Zone with significant tax advantages • Ideal for land banking, investment, or future development

Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 37578394

  • Date on Market: 2025-09-06

  • Last Updated:

  • Address: 16505 State Road 60, Vero Beach, FL 32966

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