Property summary
This exceptional 1,376 square foot warehouse, located at 9600 Mesa Park Boulevard in Fellsmere, Florida, presents a unique investment opportunity. Priced at $2,500,000, this industrial property boasts a highly desirable location just 1.8 miles from Interstate 95, providing unparalleled access for shipping, receiving, and overall business operations. Built in 1998, the property offers significant potential for various commercial uses, including but not limited to warehousing and potentially commercial/residential applications. Its previous use as a musical amphitheater leaves existing structures on the site, including a stage and concession stands, which could be repurposed or removed to suit the buyer's needs. The property sits within Indian River County, Florida, a region experiencing robust economic growth and high demand for industrial space. Florida's business-friendly environment, characterized by the absence of state income tax and a favorable climate, further enhances the property's appeal. This presents a compelling investment opportunity in a thriving market. The lot size is not specified.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of I zone is to provide IR industrial restricted and IL industrial light districts
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I · Fellsmere, FLThe purpose of I zone is to provide IR industrial restricted and IL industrial light districts
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of I zone is to provide IR industrial restricted and IL industrial light districts
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I in Fellsmere, FL.
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Find the owner behind the property.
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