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Investment Highlights
- Direct US Highway 1 Frontage
- 1.5 Acres Zoned Commercial Heavy
- Surrounded by New and Established Residential Communities
- Approximately 26,500 Vehicles Per Day
- 11,000+ SF Existing Improvements - Approved for Additional 4,500 SF
- Positioned Within Indian River County’s Primary Growth Corridor
Executive Summary
6695 US Highway 1 presents a rare opportunity to acquire a 1.5 acre Commercial Heavy zoned property located directly on US Highway 1 in the center of Indian River County’s primary growth corridor between Sebastian and Vero Beach.
The site benefits from approximately 26,500 vehicles per day and strong visibility along one of the region’s most active commercial arteries.
The property includes over 11,000 square feet of existing rentable improvements with approval in place to construct an additional 4,500 square feet, creating immediate value add and long term redevelopment potential.
The property is located within the central growth corridor of Indian River County along US Highway 1 between Sebastian and Vero Beach. This stretch of US1 has experienced sustained residential expansion, new retail development, and increasing service oriented commercial demand. Nearby demand drivers include:
• Vero Beach Regional Airport
• Wabasso Causeway Bridge providing direct barrier island access
• Harbor Point Retail Plaza anchored by Publix
Multiple upscale residential communities are under construction within the immediate trade area, reinforcing long term commercial absorption and tenant demand.
-Redevelopment Upside
The 1.5 acre footprint, corridor frontage, and approved expansion provide a clear pathway to value creation through site reconfiguration, additional build out, or tenant repositioning.
-Owner User with Income Offset
An operator can occupy a portion of the improvements while leasing remaining space to contractors or service tenants, effectively reducing occupancy cost and building long term equity.
-Income Oriented Investment
With over 11,000 square feet of rentable space and expansion approval, the asset offers scale within a corridor characterized by strong service and trade demand. Proximity to bridges, residential density, and the airport enhances leasing velocity for contractor and service tenants.
US Highway 1 between Sebastian and Vero Beach continues to function as Indian River County’s primary commercial artery. As residential rooftops expand and traffic volumes increase, properties with Commercial Heavy zoning and direct frontage become increasingly limited. This offering represents a rare opportunity to control a flexible, expansion approved commercial site within the path of sustained regional growth.
The site benefits from approximately 26,500 vehicles per day and strong visibility along one of the region’s most active commercial arteries.
The property includes over 11,000 square feet of existing rentable improvements with approval in place to construct an additional 4,500 square feet, creating immediate value add and long term redevelopment potential.
The property is located within the central growth corridor of Indian River County along US Highway 1 between Sebastian and Vero Beach. This stretch of US1 has experienced sustained residential expansion, new retail development, and increasing service oriented commercial demand. Nearby demand drivers include:
• Vero Beach Regional Airport
• Wabasso Causeway Bridge providing direct barrier island access
• Harbor Point Retail Plaza anchored by Publix
Multiple upscale residential communities are under construction within the immediate trade area, reinforcing long term commercial absorption and tenant demand.
-Redevelopment Upside
The 1.5 acre footprint, corridor frontage, and approved expansion provide a clear pathway to value creation through site reconfiguration, additional build out, or tenant repositioning.
-Owner User with Income Offset
An operator can occupy a portion of the improvements while leasing remaining space to contractors or service tenants, effectively reducing occupancy cost and building long term equity.
-Income Oriented Investment
With over 11,000 square feet of rentable space and expansion approval, the asset offers scale within a corridor characterized by strong service and trade demand. Proximity to bridges, residential density, and the airport enhances leasing velocity for contractor and service tenants.
US Highway 1 between Sebastian and Vero Beach continues to function as Indian River County’s primary commercial artery. As residential rooftops expand and traffic volumes increase, properties with Commercial Heavy zoning and direct frontage become increasingly limited. This offering represents a rare opportunity to control a flexible, expansion approved commercial site within the path of sustained regional growth.
Property Facts
| Price | $2,739,240 CAD | Building Class | C |
| Price Per SF | $247.90 CAD | Lot Size | 5.50 AC |
| Sale Type | Investment or Owner User | Building Size | 11,050 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Schools | Year Built/Renovated | 1997/2026 |
| Zoning | CH - Heavy Commercial | ||
| Price | $2,739,240 CAD |
| Price Per SF | $247.90 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | C |
| Lot Size | 5.50 AC |
| Building Size | 11,050 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1997/2026 |
| Zoning | CH - Heavy Commercial |
Amenities
- Signage
- Air Conditioning
1 1
Property Taxes
| Parcel Number | 32-39-10-00000-1000-00030.0 | Improvements Assessment | $4,638,618 CAD |
| Land Assessment | $402,183 CAD | Total Assessment | $5,040,802 CAD |
Property Taxes
Parcel Number
32-39-10-00000-1000-00030.0
Land Assessment
$402,183 CAD
Improvements Assessment
$4,638,618 CAD
Total Assessment
$5,040,802 CAD
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6695 US 1
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