920 US 1 Hwy - Freestanding FOR SALE


Sebastian, FL 32958
$1,200,000 USD
904-569-6738
920 US 1 Hwy, Sebastian, FL for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

920 US 1 Hwy
Sebastian, FL 32958


HIGHLIGHTS

  • 6,407 SF Retail/Automotive Building – Well-maintained property featuring two versatile commercial units, ideal for automotive, retail, or restaurant
  • Prime Route 1 Location – Excellent frontage and visibility along U.S. Highway 1, one of Sebastian’s busiest corridors with over 22,000 vehicles/day
  • Ample Parking – Generous parking available on both sides of the building, providing convenience for customers and tenants.
  • Flexible Zoning (CR) – Allows a wide range of commercial and mixed-use development options including medical office, hotel/motel
  • Strong Income Performance – Current NOI: $101,714/yr | Projected NOI: $132,990/yr | Rentable: 6,045 SF.
  • Fully Serviced – Water, sewer, and electric connected | Easy road access | No flood zone.

OVERVIEW

Address: 920 US Highway 1, Sebastian FL 32958 County: Indian River County Zoning: CR Parcel ID: 31-39-06-00013-0030-00008.0 Total Building size: 6,407 sqft Land size (sqft): 14,375 Land size (acre): 0.33 Layout: 1 building | 2 units Sewer: Connected Water: Connected Electric: Connected Road Access: Yes Flood zone: No Opportunity zone: False Potential Development: Automotive, Medical Office building, Hotel/Motel, Retail Store/Plaza, Office Building, Restaurant/Cafe/QSR, Laundromat, Convenience Store, Bank/Financial Building, Church, Single Family, Multi Family, Town Homes Investment Highlights Current Gross Rent: $8,476.18/month Current NOI: $101,714.16 Potential Gross Rent: $11,082.50/month Potential NOI: $132,990 Rentable Sqft: 6,045 Showing property visits by appointment only. Call\ Text to schedule Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes. We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner. All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6,407 sqft Building | Sebastian, FL 32958

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

CR

APN/PARCEL ID

31-39-06-00013-0030-00008.0

ASK ABOUT THIS PROPERTY

Dror AttiasAcre ExpertMore Info
904-569-6738

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Dror AttiasAcre ExpertMore Info
904-569-6738

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.