Back to Search
Property profile & analytics
OFF-MARKET
Self service car washes
12820 County Rd 512 Fellsmere, FL 32948
Entity Owned
7-yr Hold
Free & Clear
Property ID
US18-3198934
Property profile
Verified
Property type
Self service car washes
Use group
CAR WASH - SELF-SERVE
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,004 SF
Lot
1.29 ac (56,192 SF)
Zoning code
C-2
APN
31-37-00-00001-1553-00002.0
UPID
US18-3198934
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
Car Wash Of Fellsmere INC · 7 yrs held
Car Wash Of Fellsmere INC
since 2019
5 recorded transactions
Zoning & alternative use
C-2 · Fellsmere, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 from the central core areas of t he City along CR 512 or other roadways designated as arterial or collector roads. B. Permitted Uses: Permit…
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
84.67 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fellsmere submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fellsmere submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,681
Tax year 2023
Assessed value
$409,166
Assessed 2023
Previous assessed
$403,634
+1.4% YoY
Effective rate
2.37%
On assessed value
Assessed land
$76,421
Assessed improvement
$332,745
Land market value
$76,421
Improvement market value
$332,745
Total market value
$409,166
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Self service car washes
Use group
CAR WASH - SELF-SERVE
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
4,004 SF
Lot
1.29 ac (56,192 SF)
Zoning code
C-2
APN
31-37-00-00001-1553-00002.0
UPID
US18-3198934
Jurisdiction
INDIAN RIVER
Zoning & alternative use
C-2 · Fellsmere, FLZoning C-2 · permitted uses
C-2 · Fellsmere, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 from the central core areas of t he City along CR 512 or other roadways designated as arterial or collector roads. B. Permitted Uses: Permitted Uses in the C-2 zoning district shall be in accordance with Table 3C. Any development on five (5) acres or more will be processed as a Planned Development. C. Lot Size Requirements: Lot size requirements shall be in accordance with Table 3E. D. Dimensional Regulations: Dimensional requirements shall be in accordance with Table 3E. E. Conditional Uses: Conditional Uses in the C-2 zoning district shall be in accordance with Table 3C. Conditional Use for additional height. See Section 3.25 G. 15 MAR 07 _ WWD/dmm
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
84.67 ac
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
1.29 ac
Current owner
From public records · entity-resolved
Car Wash Of Fellsmere INC
Entity
Free & Clear · 7 yrs held
Mailing address
12820 COUNTY RD 512, FELLSMERE, FL 32948
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2019
$402,500
Car Wash Of Fellsmere INC
Sebastian Ctr Invs LLC
Warranty Deed
—
Apr 5, 2019
$400,000
Mi Pueblo Meat Market INC
Car Wash Of Fellsmere INC
Warranty Deed
$150,000 · Car Wash Of Fellsmere INC
Apr 10, 2012
$402,500
Sebastian Center Inv LLC
Quartertime INC
Warranty Deed
—
Mar 2, 2006
—
Quartertime INC
—
Trustees Deed
related
$437,000 · Harbor Fsb
—
—
Quartertime INC
—
Deed Of Trust
related
$255,000 · Harbor Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 12820 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
