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Property profile

12975 Co Rd Fellsmere, FL 32948

OFF-MARKET
Industrial properties
1,950 SF 1.68 ac lot Built 1953
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Property summary

AI-generated overview

This Fellsmere, Florida industrial property, located at 12975 Co Rd 512, offers a unique investment opportunity for owner-users. The property consists of two buildings totaling 1,950 square feet on a 1.68-acre lot. The asking price is $799,900, translating to $410.21 per square foot. One building, constructed in 1950, measures 2,622 square feet (this square footage is mentioned in the marketing description but is not consistent with the total square footage provided). The second building, a garage, was built in 1953 and is 1,940 square feet. The property is classified as Class C and features a zoning designation of C-2. The property includes two parcels, with tax ID 31370000007001000001.0 (Lots 1 & 2, Block 1) also included in the sale. The year built for the main structure is listed as 1953. This property is situated in Indian River County, Florida, with the zip code 32948. The property's APN is 31370000001163900003.0. This versatile property presents a compelling opportunity for businesses seeking a flexible workspace in a convenient location.

Property profile

Verified
Property type Industrial properties
Year built 1953
Total area 1,950 SF
Lot 1.68 ac (73,181 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12975 Co Rd Fellsmere, FL 32948
Fellsmere metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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