Share This Listing

Message

929 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

11515 S Indian River Dr - 11515 S Indian River Dr 1.51 Acres of Commercial Land Offered at $550,000 in Sebastian, FL 32958

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 1.51± acres — cleared, level & ready for development
  • General Commercial (CG) zoning
  • 185’ US-1 frontage + 175’ Indian River Dr. frontage
  • Ideal for gas station, restaurant, retail, office, medical, storage & more

EXECUTIVE SUMMARY

Exceptional development opportunity along one of Sebastian’s most visible and well-traveled commercial corridors. This 1.51± acre parcel offers 185 feet of prime frontage on US-1 and an additional 175 feet along Indian River Drive, providing unmatched exposure, signage potential, and traffic visibility. With dual access from both roadways, the property is uniquely positioned for ease of ingress/egress—critical for consumer-oriented businesses and high-traffic commercial uses.
The site is zoned General Commercial (CG), one of the most versatile commercial designations in the area. This allows an expansive range of uses including, but not limited to:
Gas station / fuel & convenience retail
Drive-thru restaurant, QSR, café, or franchise user
Medical, dental, or urgent care facility
Professional office suites
Retail strip center or stand-alone store
Boat/RV related commercial
Storage, flex-space, service business
Automotive-related commercial
And a variety of mixed commercial development concepts
Because the lot is cleared, level, and ready for vertical construction, investors and developers can fast-track design, permitting, and build-out phases with minimal site prep. Public utilities are nearby, and the surrounding corridor continues to show strong commercial growth, steady traffic counts, and increasing demand for service-based businesses.
This property is well-positioned to accommodate national brands, franchise operators, medical groups, or owner-users seeking a flagship location with maximum exposure. Its visibility, zoning flexibility, and access layout make it equally appealing to long-term investors looking to secure land in one of Sebastian’s expanding commercial pockets.
Location Advantages:
• US-1 frontage with consistent traffic flow and signage impact
• Immediate access to Indian River Drive for secondary routing and circulation
• Close proximity to residential subdivisions, multifamily, retail, and waterfront activity
• Minutes to central Sebastian, riverfront parks, marinas, and consumer draw-points
• Area experiencing steady development interest and population growth
Investment & Development Highlights:
• 1.51± acres — cleared and development-ready
• 185’ frontage on US-1 + 175’ frontage on Indian River Dr.
• General Commercial zoning — broad permitted use categories
• Dual access for traffic flow, deliveries, customer convenience
• Strong commercial corridor with high visibility and growth momentum
With its location, frontage and zoning, this site offers the rare ability to design and execute a commercial concept without the limitations found in many smaller or irregularly-shaped retail parcels. Whether developed for immediate owner-use or held as a high-value land asset, this property checks the critical boxes for long-term commercial viability.

PROPERTY FACTS

Price $550,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hold For Development
Total Lot Size 1.51 AC
Zoning Commercial - Commercial

1 LOT AVAILABLE

Lot

Price $550,000
Price Per AC $364,238.41
Lot Size 1.51 AC

1.51-acre GC-zoned corner lot with 185’ frontage on US-1 and 175’ on Indian River Dr. Cleared, high-visibility site with dual access—ideal for gas station, restaurant, medical, retail, office or storage. Prime Sebastian development opportunity.

DESCRIPTION

PROPERTY DESCRIPTION — 1.51± ACRES | DUAL FRONTAGE | GENERAL COMMERCIAL Introducing a premier 1.51± acre commercial development opportunity with exceptional exposure and roadway access — strategically positioned along US-1 with an additional access/frontage on Indian River Drive in the rapidly growing city of Sebastian, Florida. With 185 feet of direct US-1 frontage and 175 feet along Indian River Drive, this site commands visibility, traffic flow, and brand presence that few properties in the market can match. Whether the end user is retail, medical, automotive, office, restaurant, or service-based, this parcel offers the framework for successful development in one of the Treasure Coast’s most active commercial corridors. The property is zoned General Commercial (CG), one of the most flexible and broadly-permitted zoning classifications in the area. This zoning allows for a wide spectrum of commercial uses including gas station/fuel service, convenience store, national quick-serve restaurant, sit-down dining, medical/clinical operations, retail strip, professional services, boutique commercial buildings, storage or flex space, and an array of other commercial development concepts. This zoning alone positions the parcel as a key option for brands seeking representation in Sebastian or investors planning to build and hold income-producing assets. The land is cleared, level, and construction-ready, eliminating lengthy prep periods and allowing buyers to move directly toward planning, permitting, and vertical development. Dual ingress/egress points from both US-1 and Indian River Drive create efficient circulation patterns for customers, delivery vehicles, and service traffic — a critical feature for high-volume users, drive-thru models, fuel operators, or shopping-center designs. The lot’s rectangular configuration provides maximum layout flexibility for site plans, parking, stormwater design, signage placement, and future expansion. Positioned in central Sebastian, this property sits within a commercial corridor that continues to strengthen with nearby retail, service businesses, waterfront recreation, boat storage, residential growth, and tourist activity. US-1 remains the backbone traffic route connecting the Sebastian-Vero-Palm Bay region, supporting steady year-round travel as well as seasonal flow from the winter population surge. The surrounding area supports a solid customer base for everyday services, medical use, franchise dining, specialty retail, and destination-based commercial concepts. Future development here benefits from: • Prime frontage with outstanding traffic visibility • High-exposure location continuously growing in demand • Cleared land — ready for immediate development activity • Flexible CG zoning with broad commercial use permissions • Two-way access ideal for retail, fuel, or drive-thru configuration • Strong demographic base supported by full-time and seasonal residents • Convenient proximity to city centers, riverfront parks, marinas & housing clusters Given its size, layout, zoning, and location, the site is suited for numerous development strategies. A single tenant with a stand-alone footprint would capitalize on visibility and traffic draw, while a developer may choose to design a multi-unit commercial plaza, medical and professional office suite layout, storage solution, or a fuel + convenience retail model with additional outparcels. Those seeking long-term land hold investments will also appreciate the appreciating value of US-1 frontage in a market experiencing year-over-year growth. Few parcels become available with this combination of exposure, access, flexibility, and readiness. For investors, franchise operators, developers, medical groups, fuel operators, or commercial end-users seeking a strong position in the Sebastian marketplace, this site offers both immediate development potential and long-term asset security. A rare, high-impact opportunity — build now, hold long-term, or secure a strategic foothold in one of Sebastian’s most commercially visible locations.

  • Listing ID: 38652355

  • Date on Market: 12/4/2025

  • Last Updated:

  • Address: 11515 S Indian River Dr, Sebastian, FL 32958

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}