9600 Mesa Park Blvd Fellsmere, FL 32948
- Office buildings
- 4,376 SF
- 10.00 lot acres
Current Use by Public Records
- Office buildings
Property Details for 9600 Mesa Park Blvd
- Year built
- 1998
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 10.00 lot acres
- Property size
- 4,376 SF
- Zone code
- I
- Property type
- Office buildings
- APN
- 31-37-00-00001-1544-00004.0
- APU
- 9223372036854775807
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $370,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $420,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $435,000
- Mixed-Use
- $485,000
- Hospitality
- $475,000
- Educational
- $470,000
- Residential Income
- $355,000
- Energy
- $390,000
- Income-Based Land
- $405,000
- Food Service
- $480,000
Location Insight
- Map
- Local Demand
- City
- Fellsmere
- County
- Indian River
- State
- Florida
- Longitude
- -80.58
- Latitude
- 27.7704
- CBSA code
- 42680
- CBSA name
- SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA