This 2.88-acre commercial parcel, comprising approximately 125,440 square feet, offers a significant development opportunity. The property is zoned CN (Commercial Neighborhood), a designation ideal for a variety of commercial ventures, and features approximately 548 feet of front footage. The lot may have access to public water and sewer utilities, which helps to streamline the development process.
The parcel's strategic location is a key factor in its value. To the east, the property is situated next to a parcel where the IndianRiver County School Board is planning a new middle school to accommodate the growth. The property also fronts a low-density residential community to both its west and south. This influx of residential and institutional development, including a new 55-plus residential community being built nearby, positions this parcel as a prime candidate for a commercial site that can serve the expanding population.
With widespread development occurring in the surrounding area, this property is positioned as a future phase of that growth. Its unique location at the intersection of residential, educational, and commercial expansion makes it a key investment for a developer seeking a well-positioned site in a thriving area.
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Listing Courtesy: NATIONAL LAND REALTY LLC - 941-322-7002