Property profile

9555 Mesa Park Blvd Fellsmere, FL 32948

FOR SALE
Office buildings
Property ID
US18-6210420
1,330 SF 13.82 ac lot Built 1998
Entity Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 18.9-acre industrial land parcel in Fellsmere, Florida, presents a significant development opportunity. Located at 9555 MESA PARK, Fellsmere, FL 32948, this property is comprised of four individual parcels, offering flexibility for various projects. The site boasts excellent potential for the creation of an industrial park, storage facility, or manufacturing complex. Existing infrastructure includes a 4-inch well, city water, and electricity. A substantial investment has already been made, with over 13 acres featuring approximately $300,000 worth of fill. On-site amenities include bathrooms and shower facilities, a ticket booth, and two large drain fields (approximately 5,000 square feet each). Sewer service is readily available at CR 512. Access to the property is convenient, with four entrances – three from CR 512 and a potential fourth from 97th Street. This prime location in Indian River County offers a compelling investment opportunity for developers seeking to capitalize on the growing industrial sector. The property's existing infrastructure and substantial fill significantly reduce development costs and accelerate project timelines. Don't miss this chance to acquire a substantial industrial land holding in a strategic location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,330 SF
Lot 13.82 ac (601,999 SF)
Zoning code I
APN 31-37-00-00001-1544-00001.0
UPID US18-6210420

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9555 Mesa Park Blvd Fellsmere, FL 32948
Fellsmere metro Census 50908 SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2010
1 recorded transaction
2010
Price N/A

Zoning & alternative use

I · Fellsmere, FL
Zoning description

The purpose of I zone is to provide IR industrial restricted and IL industrial light districts

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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