Fellsmere Commercial Building For
For Sale
Contact for pricing
130 N Broadway St, Fellsmere, FL
Commercial building in Fellsmere, Florida, suitable for retail/office.
Property Size2,992 SF
Lot Size0.32 Acres
Price / SF$300.80
Days on Market404
Property Features for 130 N Broadway St
General Information
Standard status
Active
Size
2,992 SF
Lot size
0.32 Acres
Property subtype
RETAIL
Listing Agency:
Mills Commercial Real Estate Group LLC
(772) 562-0018
Listed By:
Bill Mills · License #3304531
(772) 473-0018
Source:
Moodyscre
Added: Sep 11, 2025
Changed: Aug 8
Last Checked: Jul 28 at 10:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mills Commercial Real Estate Group LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial building is strategically located in Fellsmere, Florida, offering an opportunity for business development or investment. The property is suitable for retail, office, or mixed-use development. It is located minutes from I-95 and major regional corridors.
Key Highlights
- Strategic location in the growing market of Fellsmere, Florida.
- Suitable zoning for retail, office, or mixed‑use development.
- Minutes from I‑95 and major regional corridors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,017
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,340
$640.3K
Cap Rate 7%
$457,386
$457.4K
Cap Rate 9%
$355,744
$355.7K
Market Conditions
NOI Build-Up for 2,992 SF
Gross rent
$52.1K $17.40/SF
− Vacancy
−$9.4K −$3.13/SF
EGI
$42.7K $14.27/SF
− OpEx
−$10.7K −$3.57/SF
NOI
$32.0K $10.70/SF
Area
Indian River County, FL
Vacancy
18.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,340
Cap Rate 7%
$457,386
Cap Rate 9%
$355,744
Alternative Uses
Best Use
Office B
$457.4K
$400.2K – $533.6K
NOI $32,017 @ 7.0% cap · market cap 3.56%
Second Best
Retail
$410.7K
$359.3K – $479.1K
NOI $28,746 @ 7.0% cap · market cap 3.19%
Theoretical Best
Specialty Retail
$656.2K
$574.1K – $765.5K
NOI $45,931 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial building in Fellsmere, Florida, suitable for retail/office.
Where is this retail space located?
The property is located at 130 N Broadway St Fellsmere, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Strategic location in the growing market of Fellsmere, Florida.; Suitable zoning for retail, office, or mixed‑use development.; Minutes from I‑95 and major regional corridors.
