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Property profile & analytics
OFF-MARKET
Commercial land

118 Broadway St Fellsmere, FL 32948-6607

0.16 ac lot
Entity Owned Free & Clear
Property ID
US19-0697041
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.16 ac (6,970 SF)
Zoning code OTD
APN 31-37-00-00009-0990-00021.0
UPID US19-0697041
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
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
A Alvarado Group INC
A Alvarado Group INC
since 2025
Last sale
$141,000
4 recorded transactions
2025
Price N/A
2024
Price N/A
2005
Price N/A
2005
$141,000
Zoning & alternative use
OTD · Fellsmere, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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