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    15155 117Th St Fellsmere, FL 32948

    Sponsored
    For Sale
    $260,000

    Prime 386K SF Commercial Land Parcel

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 386,812.8 square foot commercial land parcel presents a unique investment opportunity in Fellsmere, Florida. Located at 15155 117th Street, this expansive property offers quiet country living with the convenience of existing infrastructure. Electric poles are already in place, simplifying development and reducing initial costs. The property's substantial size provides ample space for a variety of commercial ventures, from agricultural uses to light industrial projects. Imagine the possibilities – a sprawling business campus, a large-scale storage facility, or even a unique equestrian center. The land's zoning and permitted uses should be independently verified. This is a rare chance to acquire a significant land holding in a desirable location. Note that an additional 9.95 acres of contiguous land is also available for purchase, providing potential for expansion or consolidation. The property is situated in Indian River County, Florida, with the address being 15155 117th Street, Fellsmere, FL 32948. The coordinates are 27.807787 latitude and -80.6357079 longitude. Serious inquiries only. The asking price for this remarkable property is $260,000.

    Property Features for 15155 117Th St

    General Information

    Property type
    Land

    HighLights

    • $260,000 asking price.
    • 386,812.8 square foot lot.
    • Located at 15155 117th Street, Fellsmere, FL 32948.
    • Commercial land in Indian River County, Florida.
    • Electric poles already installed.
    • Adjacent 9.95 acres also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fellsmere
    County
    Indian River
    State
    Florida
    Longitude
    -80.6357079
    Latitude
    27.807787

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    FAQs

    What type of property is this?
    Land - Prime 386K SF Commercial Land Parcel
    Where is this land located?
    The property is located at 15155 117Th St Fellsmere, FL.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: $260,000 asking price.; 386,812.8 square foot lot.; Located at 15155 117th Street, Fellsmere, FL 32948.
    Request Owner's contact information
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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
    15155 117Th St Fellsmere, FL 32948
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