Strategically located with 3,100 of linear frontage on I-95, 1.23 miles from major highway exit (currently under construction) with full utilities and infrastructure.
Prime Development Opportunity
Florida’s Treasure Coast
Nestled in the heart of Florida’s esteemed Treasure Coast, this premium property presents a unique investment opportunity in the vibrant community of Vero Beach.
About Vero Beach
Vero Beach is strategically positioned approximately 190 miles south of Jacksonville and 135 miles north of Miami on Florida’s East Coast.
This central location provides unparalleled access to major cities and attractions, including being just 70 miles south of the Kennedy Space Center and an hour’s drive north of West Palm Beach.
Renowned for its pristine beaches and robust tourism, Vero Beach is not just a haven for visitors but also a bustling hub for agriculture, light manufacturing, and emerging sectors like health care and information technology. The city proudly hosts Piper Aircraft, the largest private employer in Indian River County, underlining its strategic importance in the aviation sector. Alongside Piper, the area boasts a robust commercial landscape driven by the citrus industry and a variety of service activities, all supported by a workforce that combines semi-skilled talents with highly trained technical professionals.
Property Overview
Location
Prime location off I-95 and Oslo Road, featuring 3,100 linear feet of I-95 frontage.
Total Acreage
99.54 acres
Zoning
Agricultural, and can be changed to industrial or commercial development.
Existing Infrastructure
Water (60 ERUs), Sewer (45 ERUs), Gas (61 psi), Electricity (3.5 megawatts), 120 Fiber-Optic Lines, 20 RV Hookups.
Strategic Location
Vero Beach is halfway between major urban centers like Miami and Orlando offers several strategic advantages. It is approximately 130 miles from Miami and 86 miles from Orlando.
Highway Frontage
Having 3,100 linear feet of highway (I-95) frontage significantly enhances visibility and accessibility, which is highly valuable for businesses that rely on transportation and logistics.
Proximity to Highway Exist
Being only 1.23 miles away from a highway I-95 and Oslo Road exit (currently under construction) is a crucial factor for businesses that depend on transportation efficiency. More info here.
Added Value
Existing Infrastructure
Unlike any neighboring properties, this property already includes significant infrastructure, saving investors both the hard costs as well as the time savings of having to do this development in the future.
- Water & Sewer Installation: $500,000
- Gas Line Installation: $200,000
- Electrical Infrastructure: $1,000,000
- Fiber-Optic Lines: $300,000
- RV Hookups: $100,000
- Accelerated project timeline can increase overall project value by reducing holding costs and increasing speed to market.
Zoning Flexibility
Permitted Uses
Commercial Agriculture
Citrus, cattle, nurseries, sod, industrial hemp, medical marijuana and other agricultural commodities.
Residential Development
Low-density residential development is allowed at one unit per five acres.
Support Facilities
Migrant housing, child or adult care facilities.
Community Services
Places of worship, emergency services, schools, civic and cultural facilities, colleges, and government administration.
Recreational and Social Facilities
Country clubs, major sports facilities, camps, RV parks and retreats.
Communication & Recycling
Communication towers and recycling centers.
Flexibility and Potential
The zoning allows for a wide range of agricultural and commercial uses, making the property versatile and adaptable.
The current zoning supports both commercial and residential development, offering multiple avenues for investment and utilization.
Future Development Opportunities
The zoning can be changed to light industrial, or light, moderate, or heavy commercial, providing additional potential for future development and increased property value
Potential uses include warehousing, distribution centers, and tech facilities, and data centers.
Strategic Advantage
The diverse permitted uses under A-1 zoning provide an excellent opportunity for developing a multifunctional property catering to various community and commercial needs.
The ability to rezone for industrial or commercial purposes adds significant long-term investment potential and adaptability to market demands.
Market Data
Economic Growth
Vero Beach is experiencing steady population growth and infrastructural developments, driving up land value.
Strategic Location
Proximity to major cities like Miami, Orlando and Jacksonville enhances accessibility and attractiveness.
Tourism and Lifestyle
Known for its pristine beaches and robust tourism industry, Vero Beach attracts a steady stream of visitors and potential residents.
Diverse Economy
The area has a thriving economy with strong sectors in agriculture, light manufacturing, healthcare, and technology, providing a stable investment environment.
Deal Summary
The proposed objective is to retain ownership of the property for a period of 3± years and capitalize on the property’s appreciation potential during this timeframe, leveraging both its current value and the anticipated growth in Vero Beach.
Furthermore, the possibility of rezoning the subject property to Commercial or Industrial holds the promise of significantly boosting its value, adding an extra dimension to our investment strategy.
Throughout this holding period, our strategy revolves around prudent management practices aimed at maximizing the property’s appreciation potential. We plan to make use of the advantageous tax benefits associated with its agriculture zoning status, thereby optimizing our financial position while awaiting favorable market conditions for potential development or resale. By exercising diligent oversight and strategic planning, we seek to unlock the property’s full potential.
- Minimum Investment: $4,500,000
- Maximum Investment: $7,500,000
- Percentage of Ownership: 30% - 50%
- Target ROI1: 300%
- Profit Share: Min 30/70 – Max 50/50
- Term: 3± Years
1. The target returns should not be regarded as a representation, warranty or prediction that the investment will achieve or are likely to achieve any particular result or that the investor will be able to avoid losses.
Why Invest
Steady Growth
Vero Beach is experiencing continuous population growth and infrastructural developments, increasing land value.
Thriving Economy
Vero Beach offers a stable investment environment supported by a diverse and robust local economy.
Prime Location
The Property’s proximity to major highway (I-95) and city centers ensures easy access.
Exception Accessibility
Central location offers great connectivity to major cities and attractions.
Infrastructure Ready
The property comes fully equipped with necessary infrastructure.
High ROI Potential
Potential for significant return on investment.
Zoning Flexibility
The Property offers potential for various development opportunities.