14855 111Th St Fellsmere, FL 32948
This exceptional 10-acre parcel, encompassing 435,600 square feet, presents a unique opportunity for various commercial and residential ventures. Located at 14855 111th Street, Fellsmere, Florida (zip code 32948), this property offers a blend of rural tranquility and strategic accessibility. The land's expansive size allows for diverse development possibilities, including the construction of a dream home, livestock raising, or the establishment of a nursery or farm. The property's zoning allows for both commercial and residential uses, providing flexibility for investors and developers. Situated in Indian River County, this location offers a balance between rural living and proximity to urban amenities. The asking price for this remarkable property is $224,000. With its substantial size and versatile zoning, this 10-acre tract represents a compelling investment opportunity in a desirable Florida location. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. The property is conveniently located at the specified address in Fellsmere, Florida, offering easy access to local infrastructure and services. The latitude and longitude coordinates are 27.7960145 and -80.628632 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.