118 Broadway St Fellsmere, FL 32948-6607
This exceptional 10,500 square foot commercial land parcel presents a unique investment opportunity in Fellsmere, Florida. Located at 118 N Broadway Street, this property is ideally situated within Fellsmere's desirable historic district, offering high visibility and accessibility. The lot encompasses three combined parcels (Lots 20, 21, and 22), providing ample space for a variety of commercial developments. The asking price is $45,000. This presents a rare chance to acquire a substantial piece of land in a growing Florida community. The property's location in the historic district suggests potential for a business that complements the area's character and existing businesses. With its generous size and prime location, this lot is well-suited for a range of commercial ventures, from retail spaces to office buildings, or potentially even a mixed-use development. The address is 118 N Broadway Street, Fellsmere, FL 32948. The property is conveniently located in Indian River County, Florida. Serious inquiries are encouraged to explore the possibilities this exceptional commercial land offering presents. The property's size and location make it an attractive investment for developers and entrepreneurs seeking a foothold in a thriving Florida market. This is a blank canvas for your next commercial venture.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
OTD · Fellsmere, FLFellsmere. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.