1
Map
9470 105TH AVENUE
About This Property
Excellent opportunity to acquire 2.68± acres (116,733± SQFT) of commercial land strategically positioned along CR 512 near I-95 in northern IRC.
Comprised of 3 parcels, the property offers approximately 260 feet of frontage along the CR 512 corridor.
Location is zoned CG (General Commercial). CG designation Commercial General Zoning supports uses like: drive-thru, service station car wash, restaurant, retail, office, and warehouse.
A conceptual site plan demonstrates the property's development potential with 3 proposed contractor-office buildings totaling approximately 19,215 +/- SQFT and 18 units, along with 53 parking spaces and proposed stormwater infrastructure.
The site benefits from approximately 24,000 vehicles a day along the corridor.
County water and electric service are available. A feasibility study, conceptual site plan, boundary survey, environmental information and additional materials are available for review upon request.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Listed by TOTAL R E CONSULTANTS INC | $1,490,000 | |
| Listed by TOTAL R E CONSULTANTS INC | |||
| Feb 10, 2026 | Sold | ||
| Sold | |||
| Nov 5, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by Total R E Consultants Inc | $988,667 | |
| Listed by Total R E Consultants Inc | |||
| | |||
|
2.7 Acres of LAND: Prime location right next to I-95, with 260 +/- SQFT of frontage and 450 +/- SQFT of depth. Site plan includes 3 buildings (18 units) that are a total of approximately 20,000 +/- SQFT. Commercial General Zoning supports uses like: drive-thru, service station car wash, restaurant, retail, office, and warehouse. Annual average daily traffic: 24,000 vehicles. Contact for more information including environmental map, conceptual site plan, survey, and more.
| |||
| Jul 22, 2025 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Indian River
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,000 /mo
- 3 Beds
- 2 Baths
- 1,275 ft²
$2,350 /mo
- 3 Beds
- 2 Baths
- 1,610 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017