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5115 Indian River Blvd - Outparcel

1.93 Acres of Commercial Land Offered at £467,475 in Vero Beach, FL 32967

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Investment Highlights

+/-2 Acre Outparcel Restaurant/Retail Development Opportunity
Off-site Storm Water Retention & Infrastructure
Cross Access, Ingress/Egress, Utility & Stormwater Easements

Over $100k in Impact Fee Credits Available
Utility Infrastructure in place
Excellent Visibility - Easy Access - Ample Parking

Executive Summary

An outparcel development opportunity for restaurant or retail. Fronting the SpringHill Suites by Marriott with over 35,000 guests per year. The parcel is near the Harbor Point Publix at 53rd Street & US Hwy 1. Site is surrounded by Grand Harbor, Vero Beach's award winning resort community. Offsite Stormwater Retention & Infrastructure is in place. Impact fee credits are available.

Sale Flyer 5115 Indian River Blvd

Property ID Card

Property Facts Under Contract

Price	£467,475	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Hold For Development Restaurant
No. Lots	1	Total Lot Size	1.93 AC
Property Type	Land

Price	£467,475
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Hold For Development Restaurant
Total Lot Size	1.93 AC

1 Lot Available

Lot 1

Price	£467,475	Lot Size	1.93 AC
Price Per AC	£242,215

Price	£467,475
Price Per AC	£242,215
Lot Size	1.93 AC

Premiere restaurant or retail site with Indian River Boulevard frontage. The site is located in front of the Springhill Suites by Marriott. The parcel is near the Harbor Point Publix at 53rd Street & US Hwy 1.

Description

+/-2 Acre Outparcel Restaurant/Retail Development Opportunity Over $100k in Impact Fee Credits Available Off-site Storm Water Retention & Infrastructure Utility Infrastructure in place Cross Access, Ingress/Egress, Utility & Stormwater Easements. Excellent Visibility - Easy Access - Ample Parking