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Property profile & analytics
OFF-MARKET
Commercial real estate

12975 County Road 512 Fellsmere, FL 32948

3,518 SF Built 1950
Property ID
US18-4574964
Property summary
AI-generated overview

This exceptional mixed-use property in Fellsmere, Florida, presents a unique investment opportunity. Situated on a spacious 1.68-acre lot (54,014.4 sq ft), the property boasts two buildings. The main structure, built in 1950, offers 2,622 square feet of space. A second building, constructed in 1953, provides an additional 1,940 square feet of garage space. The combined square footage totals 3,518 square feet. The property is zoned C-2, offering versatility for a range of commercial and residential uses. Located at 12975 County Road 512, Fellsmere, FL 32948, this single-story property is conveniently situated within Indian River County. The asking price is $799,900. This is a rare chance to acquire a substantial property with significant potential in a growing area. The existing structures provide immediate income potential or a solid foundation for redevelopment. The ample lot size allows for expansion or future development. This property is ideal for investors seeking a versatile asset with strong potential for appreciation. Don't miss this opportunity to own a piece of Fellsmere's vibrant future.

Property profile
Verified
Property type Commercial real estate
Year built 1950
Total area 3,518 SF
UPID US18-4574964
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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