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Property profile & analytics
OFF-MARKET
Commercial real estate

13755 115Th St Fellsmere, FL 32948

Individually Owned 2-yr Hold
Property ID
US18-1735902
Property summary
AI-generated overview

This exceptional 9.19-acre property in Fellsmere, Florida, presents a unique opportunity for commercial and residential development. Located at 13755 115th Street, this expansive lot (400,316.4 square feet) boasts convenient access via a paved road, eliminating the challenges associated with dirt roads. The property is already equipped with a substantial 1,080 square foot metal building, providing immediate utility and potential for various uses. Further enhancing its appeal, the land is fully fenced with electric fencing, and includes a functioning well and water treatment system, ideal for agricultural or livestock purposes. The existing infrastructure makes this property ready for immediate use, whether for residential construction, agricultural endeavors, or a combination of both. The property's zoning allows for both commercial and residential uses, offering significant flexibility for potential buyers. Note that adjacent land is also available for purchase, presenting an opportunity for expansion. All measurements are approximate. This is a rare opportunity to acquire a well-equipped and strategically located property in Fellsmere, Florida. The asking price is $550,000.

Property profile
Verified
Property type Commercial real estate
UPID US18-1735902
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
Chris Cates · 2 yrs held
Chris Cates
since 2024
7 recorded transactions
2024
Price N/A
2023
$400,000
2022
Price N/A
2021
$300,000
2021
Price N/A
2018
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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