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    Tbd 512 Fellsmere, FL 32948

    For Sale
    $599,000

    land - FELLSMERE, FL

    Lot size:
    2.52 Acres
    Days on Market:
    152
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for Tbd 512

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.52 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Schmidt Family Of Companies [email protected]

    Listing agent Francesca Alger (772) 589-7777

    Listing date Jul 15, 2025

    MLS# 1051715 Listing URL

    Copyright © 2025 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land on CR-512

    This commercial property in Fellsmere offers 2.52 acres of land with over 250 feet of frontage on CR-512, providing high visibility. Located less than 2.5 miles from I-95, the property ensures convenient access for customers and operations. The site is suitable for a retail center, an office complex, or other commercial developments. The property consists of two contiguous lots offered as a single package.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Fellsmere
    County
    Indian River
    State
    Florida
    Longitude
    -80.586067
    Latitude
    27.768245

    Nearby Similar for Sale

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      Fellsmere Mixed-Use Investment Opportunity

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    FAQs

    What type of property is this?
    Commercial land - 2.52 acres with high visibility, near I-95.
    Where is this commercial land located?
    The property is located at Tbd 512 Fellsmere, FL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Expansive 2.52-acre commercial property, perfect for your next venture.; - Boasting over 250 feet of highly visible frontage on CR-512.; - Strategic location less than 2.5 miles from I-95.
    (772) 589-7777
    Request Owner's contact information
    Tbd 512 Fellsmere, FL 32948
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Tbd 512 Fellsmere, FL 32948
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