12975 12975 Fellsmere, FL 32948
- Mixed-use properties
- 1.24 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 12975 12975
- Year built
- 1950
- Lot size
- 1.24 lot acres
- Property type
- Mixed-use properties
Description
This exceptional investment opportunity presents a rare chance to acquire a mixed-use property in Fellsmere, Florida. The property encompasses a generous 1.68 acres of land, zoned C-2, offering significant potential for a variety of commercial ventures. The site features two existing buildings, providing immediate income potential or the flexibility to renovate and repurpose. The primary building boasts a substantial 2,622 square feet of space, constructed in 1950. Its age offers character and charm, while its size provides ample room for various commercial uses. A second building, a 1,940 square-foot garage constructed in 1953, adds further versatility. This structure could be utilized for storage, workshop space, or potentially converted to additional commercial space depending on local regulations and permits. The 1.24-acre lot provides ample room for expansion, parking, or outdoor commercial activities. The C-2 zoning allows for a wide range of commercial uses, making this property an attractive investment for both seasoned developers and entrepreneurs seeking a prime location in Fellsmere. The property's strategic location and flexible zoning create a compelling opportunity for significant return on investment. Serious inquiries are encouraged to explore the full potential of this unique offering. The property is priced at $550,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fellsmere
- County
- Indian River
- State
- Florida
- Longitude
- -80.5924
- Latitude
- 27.7672
