Property profile

10950 County Rd 512 Fellsmere, FL 32948

OFF-MARKET
Turn key restaurants
Property ID
US18-3035640
5,120 SF 4.16 ac lot Built 1971
Entity Owned Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1971
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,120 SF
Lot 4.16 ac (181,210 SF)
Zoning code C-2
APN 31-38-20-00000-7000-00003.0
UPID US18-3035640

Cap rate & NOI

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

Location

10950 County Rd 512 Fellsmere, FL 32948
Fellsmere metro Census 50908 SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
$905k
Blend (final) Blend
$675k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Fellsmere, FL
Zoning description

Section 3.25 C-2 General Commercial District . A. Purpose. The General Commercial District (C-2) is designed to provide adequate space in appropriate locations for more intensive commercial uses that would be found away…

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10950 County Rd 512?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message