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9757 US Highway 1
Sebastian, FL 32958

$9,995,000 USD

Land For Sale  •  29.51 AC

Property Details

  • Property Type Land
  • Lot Size 29.51 AC
  • Tenancy Multiple
  • Zoning General/Heavy Commercial
0 Transit Score
28 Walk Score

Description

PROPERTY SUMMARY
- Located about a mile North of the Wabasso Bridge, giving easy access to beaches and shopping!
- Conceptual plan for up to 300 units, if entire property is utilized as multi-family. Located right next to a Publix anchored retail center!
- If 3 acres are utilized as commercial out-parcels, approx., 270 units could be built behind the out-parcels!
- U.S. 1 frontage with high traffic counts!
- High Growth Area close to schools and retail traffic.
- Many Commercial Uses Possible; mini-storage, car wash, restaurants, auto repair, and many others!

PROPERTY: 29.51 Acres with approximately 1,100 feet of road frontage. Plenty of room for several commercial out– parcels if desired
ZONING: CG = Com. General and CH = Com. Heavy, Sebastian Future Land Use is Mixed Use, allow 10 units p/acre, up to 12 p/ac with incentives
UTILITIES: County Water, Sewer Available & FPL
TRAFFIC COUNT: 27,807 (2024)
SALE PRICE: $9,995,000

Public Transportation

AirportDriveWalkDistance
Melbourne Orlando International 48 min - 27.9 mi
Ron Lambert 772-778-2334 Lambert Commercial Real Estate, Inc
Ron Lambert 772-778-2334 Lambert Commercial Real Estate, Inc