Property profile

12975 County Road 512 Fellsmere, FL 32948

OFF-MARKET
Mixed-use properties
Property ID
US18-4574964
1.68 ac lot Built 1950
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses a 1.68-acre parcel in Fellsmere, Florida, ideally situated on County Road 512. The property boasts two substantial buildings, presenting a versatile canvas for a variety of commercial ventures. The primary structure, constructed in 1950, offers a generous 2622 square feet of space, ripe for adaptation to suit diverse business needs. Complementing this main building is a sizable 1940 square foot garage, built in 1953, providing ample storage or workshop potential. The property's C-2 zoning unlocks a wide range of permitted uses, enhancing its investment appeal. This presents a unique chance to acquire a substantial property with significant development potential in a growing Florida community. The existing structures offer immediate income potential or a solid foundation for a complete renovation and repositioning. The expansive lot size allows for future expansion or the addition of further structures, subject to local zoning regulations. This property is being offered at $550,000, representing a compelling entry point into the Fellsmere commercial real estate market. Serious inquiries are encouraged to explore the full potential of this remarkable investment. The property's location on County Road 512 ensures excellent visibility and accessibility, further enhancing its commercial viability. Don't miss this chance to acquire a significant piece of Fellsmere's commercial landscape.

Property profile

Verified
Property type Mixed-use properties
Year built 1950
Lot 1.68 ac (73,181 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

Location

12975 County Road 512 Fellsmere, FL 32948
Fellsmere metro
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Value estimations

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Owner & transaction history

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
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