Commercial Redevelopment Site

9707 N US Highway 1 (the “land”) is a mid-block parcel consisting of approximately 50,094 square feet of improved land with water, sewer and electric to the property.  There are 7 abandoned homes on the property.  It is located on the west side of US Highway 1 just north of the city limits of Sebastian, FL.

The Land has approximately 200 feet of frontage on US1.

The site is the main artery from Vero Beach to Melbourne and the average daily traffic (ADT) count for US1 is 22,493 cars.  Under the Indian River County’s zoning code, the Land falls under the Vacant Commercial code  US1 is a four lane divided highway.  There is excellent visibility from US1 both north and south.  A Publix anchored shopping center is due south of the property.

The population within 5 miles is 34,098 and the median household income is $55,752.  Orlando International Airport is approximately 87 miles north and the Palm Beach International Airport is approximately 94 miles south.  I-95 is approximately 10 miles away.