Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    12975 County Road 512 Fellsmere, FL 32948

    For Sale
    $550,000

    1.68 Acres, Two Buildings, C-2 Zoning

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional investment opportunity encompasses a 1.68-acre parcel in Fellsmere, Florida, ideally situated on County Road 512. The property boasts two substantial buildings, presenting a versatile canvas for a variety of commercial ventures. The primary structure, constructed in 1950, offers a generous 2622 square feet of space, ripe for adaptation to suit diverse business needs. Complementing this main building is a sizable 1940 square foot garage, built in 1953, providing ample storage or workshop potential. The property's C-2 zoning unlocks a wide range of permitted uses, enhancing its investment appeal. This presents a unique chance to acquire a substantial property with significant development potential in a growing Florida community. The existing structures offer immediate income potential or a solid foundation for a complete renovation and repositioning. The expansive lot size allows for future expansion or the addition of further structures, subject to local zoning regulations. This property is being offered at $550,000, representing a compelling entry point into the Fellsmere commercial real estate market. Serious inquiries are encouraged to explore the full potential of this remarkable investment. The property's location on County Road 512 ensures excellent visibility and accessibility, further enhancing its commercial viability. Don't miss this chance to acquire a significant piece of Fellsmere's commercial landscape.

    Property Features for 12975 County Road 512

    General Information

    Property type
    Mixed-use properties
    Lot Size
    73,181 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fellsmere
    County
    Indian River
    State
    Florida
    Longitude
    -80.59241
    Latitude
    27.76722

    Nearby Comparable

    • $325,000
      10.00 Acres

      Fellsmere 10-Acre Fenced Land

      10-acre property in Fellsmere, cleared, filled, and fenced.
      512 Tbd County Rd, Fellsmere, FL 32948
      View Details
    • $599,000
      2.52 Acres

      Prime Commercial Land on CR-512

      2.52 acres with high visibility, near I-95.
      Tbd 512, Fellsmere, FL 32948
      View Details
    • $650,000
      0.87 Acres

      Fellsmere Commercial Land Opportunity

      Two commercial properties for sale in Fellsmere, Florida.
      1 N Hickory St, Fellsmere, FL 32948
      View Details

    Nearby Similar for Sale

    • $900,000
      2,992 SF

      Fellsmere Commercial Building For Sale

      Commercial building in Fellsmere, Florida, suitable for retail/office.
      130 N Broadway St, Fellsmere, FL 32948
      View Details
    • $2,500,000
      10.00 Acres

      9600 Mesa Park Blvd, Fellsmere, FL 32948

      Industrial properties • 10.00 Acres
      9600 Mesa Park Blvd, Fellsmere, FL 32948
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - 1.68 Acres, Two Buildings, C-2 Zoning
    Where is this mixed-use property located?
    The property is located at 12975 County Road 512 Fellsmere, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    (772) 589-3054
    Request Owner's contact information
    12975 County Road 512 Fellsmere, FL 32948
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12975 County Road 512
    Fellsmere, FL 32948
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    12975 County Road 512 Fellsmere, FL 32948
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.