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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

1023 State St Fellsmere, FL 32948-5227

1,208 SF 0.17 ac lot Built 1941
Entity Owned 5-yr Hold Free & Clear
Property ID
US18-3989185
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1941
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,208 SF
Lot 0.17 ac (7,405 SF)
Zoning code C-1
APN 31-37-00-00004-0010-00012.0
UPID US18-3989185
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Fellsmerecity Grocery And Grill Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mdg Ventures LLC · 5 yrs held
Mdg Ventures LLC
since 2021
Last sale
$40,000
6 recorded transactions
2021
Price N/A
2015
$7,000
2014
$1,000
2014
$1,000
2012
Price N/A
2004
Price N/A
Zoning & alternative use
C-1 · Fellsmere, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

NC Neighborhood Commercial RPO, C-1, OTD, PDD GC General Commercial C-1, C-2, RPO, PDD REAC Regional Employment Activity C enter C-1, C-2, REAC, IR, IL, PDD LDR (Density = 1 to 5 units per acre) Low Density Residential RR, SR, EU, R-1, R-1MH, R-1A, R-1AA, R-1B, PDD LDMXN (Density = an average of 3 units/acre) Low Density Mixed Use Neighborhood RR, SR, EU, R-…

Zone name Neighborhood Commercial Restricted District
General category COMMERCIAL
Zone area 39.09 ac
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