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    00 87Th St Fellsmere, FL 32948

    Sponsored
    For Sale
    $140,000

    Prime 74,052 SF Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 74,052 square foot commercial land parcel presents a unique investment opportunity in Fellsmere, Florida. Located at 00 87th Street, this property offers the ideal blend of rural tranquility and convenient access to major transportation routes. The lot is situated approximately 4.5 miles from Interstate 95, providing effortless connectivity to the region's bustling commercial centers and beyond. For those seeking coastal recreation, the Atlantic Ocean's beaches are a short 20-minute drive away. This prime location combines the best of both worlds: the peaceful charm of country living with the accessibility of urban amenities. The expansive lot size provides ample space for a variety of commercial developments, making it an attractive proposition for entrepreneurs and investors alike. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This is a rare chance to acquire a substantial piece of land in a rapidly growing area with significant potential for future appreciation. The asking price is $140,000. Detailed site plans and surveys are available upon request. The property address is 00 87th Street, Fellsmere, FL 32948. This is an exceptional opportunity to secure a valuable asset in a desirable location.

    Property Features for 00 87Th St

    General Information

    Property type
    Land

    HighLights

    • $140,000 asking price for this commercial land parcel.
    • 74,052 square foot lot.
    • Located at 00 87th Street, Fellsmere, FL 32948, in Indian River County.
    • Approximately 4.5 miles from I‑95 and 20 minutes from the beach.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Daycare Center Kitchen & Bath Hotel & Motel HVAC Service Cafe & Coffee Shop Electrical Service Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Fellsmere
    County
    Indian River
    State
    Florida
    Longitude
    -80.6093577
    Latitude
    27.7538297

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime 74,052 SF Commercial Lot
    Where is this land located?
    The property is located at 00 87Th St Fellsmere, FL.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: $140,000 asking price for this commercial land parcel.; 74,052 square foot lot.; Located at 00 87th Street, Fellsmere, FL 32948, in Indian River County.
    Request Owner's contact information
    00 87Th St Fellsmere, FL 32948
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    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
    00 87Th St Fellsmere, FL 32948
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