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    Vars St Fellsmere, FL 32948

    Sponsored
    For Sale
    $550,000

    Prime 4.63-Acre Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 201,683 square foot commercial land parcel presents a remarkable investment opportunity in Fellsmere, Florida. Located at 0 Vars Street NW, this 4.63-acre lot sits on the southwest corner of Vars Avenue, a high-visibility location within a rapidly developing area. The property's expansive size offers significant potential for a variety of commercial ventures, making it ideal for developers and investors seeking a strategic foothold in a growing market. The asking price is $550,000. Its strategic location in Brevard County, Florida, zip code 32948, provides easy access to major transportation routes and amenities. Surrounding development underscores the property's future growth potential, making it an attractive investment for those seeking long-term returns. The property's size and location make it suitable for a wide range of commercial developments, offering significant flexibility for future projects. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving area, poised for significant appreciation. The coordinates are 27.7690431 latitude and -80.610489 longitude. Don't miss this chance to secure your place in Fellsmere's burgeoning commercial landscape.

    Property Features for 0 Vars St

    General Information

    Property type
    Land

    HighLights

    • $550,000 asking price.
    • 201,683 square foot land parcel.
    • Located at 0 Vars Street NW, Fellsmere, FL 32948.
    • 4.63‑acre commercial lot in Brevard County, Florida.
    • Situated on the southwest corner of Vars Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fellsmere
    County
    Brevard
    State
    Florida
    Longitude
    -80.610489
    Latitude
    27.7690431

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    FAQs

    What type of property is this?
    Land - Prime 4.63-Acre Commercial Lot
    Where is this land located?
    The property is located at Vars St Fellsmere, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: $550,000 asking price.; 201,683 square foot land parcel.; Located at 0 Vars Street NW, Fellsmere, FL 32948.
    Request Owner's contact information
    Vars St 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
    Vars St Fellsmere, FL 32948
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