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Industrial Land with Road Frontage
For Sale
$1,290,000

12498 County Road 512, Fellsmere, FL 32948

Land, Fellsmere, FL

Property SizeContact for details
Lot Size1.29 Acres
Days on Market543

Property Features for 12498 County Road 512

General Information

Property type Land
Property subtype Other
Zoning ,
Zoning description Industrial
Subdivision Fellsmere Farms
Lot features Item13 Acres, On Golf Course
Directions From the intersection of I-95 & CR 512 go West 2 miles. Watch for sign on the right side of CR 512.
Standard status Active
APN 31370000001154900001.0
Lot size 1.29 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description FELLSMERE FARMS COS SUB PBS 2-1&2 PART OF TRS 1549 & 1644 MORE PART DESC AS FOLL:COM AT INT OF TWP LINE BETWEEN TWP 31, RGE 37 & 38 & CL OF CO RD 512, A 120 FT WIDE R/W; TH S 87 DEG 00MIN 39 SEC W ALONG CL OF CO RD 512, 145 1.86 FT; TH N 00 DEG 03 MI N 41
Tax Annual Amount 1101
Legal Description FELLSMERE FARMS COS SUB PBS 2-1&2 PART OF TRS 1549 & 1644 MORE PART DESC AS FOLL:COM AT INT OF TWP LINE BETWEEN TWP 31, RGE 37 & 38 & CL OF CO RD 512, A 120 FT WIDE R/W; TH S 87 DEG 00MIN 39 SEC W ALONG CL OF CO RD 512, 145 1.86 FT; TH N 00 DEG 03 MI N 41

Utilities

Water source Public
Listing Agency: Billero & Billero Properties
Listed By: Robbie Berlingieri · License #3237571
Added: Mar 26, 2025 Changed: Sep 16 Last Checked: Sep 19 at 8:06PM
MLS# 286756

Copyright © 2026 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.29-acre industrial land parcel is located at 12498 County Road 512 in Fellsmere, Florida. The property has frontage along County Road 512 and is described as suitable for warehouse, distribution, storage, or manufacturing uses. Public water is identified as an available water source.

The site is positioned 2 miles from I-95, providing access to a major north-south transportation corridor. Its location on County Road 512 places the parcel along a visible route within Indian River County. The property size and industrial classification support evaluation for a range of commercial development plans, subject to applicable approvals and site requirements.

Key Highlights

  • 1.29‑acre industrial land parcel
  • Frontage along County Road 512
  • Located 2 miles from I‑95

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Pharmacy Law Firm Electrical Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

92
Businesses Nearby

Demographics for 32948, FL

6,609
Population
1,921
Households
3.4
Avg Household Size
33
Median Age
12%
College-Educated
72%
High-School Grad
113.9 sq mi
ZIP Area
58
Density / Sq Mi
$60,099
Median Household Income
$31,868
Median Earnings
$1,079
Median Rent
$196,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land with public water access and proximity to I-95 for warehouse, distribution, storage, or manufacturing uses.
Where is this industrial land located?
The property is located at 12498 County Road 512 Fellsmere, FL.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: 1.29‑acre industrial land parcel; Frontage along County Road 512; Located 2 miles from I‑95
More about this property
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