Property profile

4 Bay St Fellsmere, FL 32948

OFF-MARKET
Turn key restaurants
Property ID
US18-0179615
3,950 SF 0.43 ac lot Built 1978
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,950 SF
Lot 0.43 ac (18,731 SF)
Zoning code C-1
APN 31-37-00-00009-0650-00001.0
UPID US18-0179615

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

4 Bay St Fellsmere, FL 32948-6000
Fellsmere metro Census 50909 SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2005
4 recorded transactions
2017
Price N/A
2005
$200,000
2001
Price N/A
1969
Price N/A

Zoning & alternative use

C-1 · Fellsmere, FL
Zoning description

NC Neighborhood Commercial RPO, C-1, OTD, PDD GC General Commercial C-1, C-2, RPO, PDD REAC Regional Employment Activity C enter C-1, C-2, REAC, IR, IL, PDD LDR (Density = 1 to 5 units per acre) Low Density Residential R…

General category COMMERCIAL

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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