Showroom with Hard
For Sale
Contact for pricing
1102 S US Highway 1, Fort Pierce, FL 34950
Showroom with US Highway 1 frontage on a hard corner with a traffic light, plus an adjacent extra parking lot.
Property Size20,736 SF
Price / SF$127.80
Days on Market129
Property Features for 1102 S US Highway 1
General Information
Standard status
Active
Size
20,736 SF
Property subtype
RETAIL
Additional Details
Corner Location
Yes
Amenities
Extra Parking Lot Adjacent
Listing Agency:
Vaaler Commercial Real Estate
(703) 431-4513
Listed By:
Rich Vaaler · License #0225198687
(703) 431-4513
Source:
Moodyscre
Added: Mar 24
Changed: Jul 30
Last Checked: Jul 30 at 10:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vaaler Commercial Real Estate
Investment Insights
Based on property information with market context.
This showroom property offers retail/showroom space totaling 20,736 square feet. The configuration is highlighted for event, party, or wedding venue use, supported by strong ingress/egress characteristics at a hard corner with a traffic light.
Located at 1102 S US Highway 1 in Fort Pierce, Florida, the site benefits from US Highway 1 frontage and visibility at the intersection. An extra parking lot adjacent to the main property provides additional onsite parking convenience.
The combination of a hard corner location and added parking is geared toward businesses that need customer-friendly access and overflow parking for gatherings and events.
Located at 1102 S US Highway 1 in Fort Pierce, Florida, the site benefits from US Highway 1 frontage and visibility at the intersection. An extra parking lot adjacent to the main property provides additional onsite parking convenience.
The combination of a hard corner location and added parking is geared toward businesses that need customer-friendly access and overflow parking for gatherings and events.
Key Highlights
- 20,736 square feet showroom or retail/showroom space
- US Highway 1 frontage
- Hard corner with traffic light
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $373.2k | $18.00 |
| − Vacancy | −$31.7k | −$1.53 |
| EGI | $341.5k | $16.47 |
| − OpEx | −$102.5k | −$4.94 |
| NOI | $239.1k | $11.53 |
20,736 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.42M
$2.99M – $3.98M
NOI $239,065 @ 7.0% cap · market cap 9.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.21M
$4.56M – $6.08M
NOI $365,037 @ 7.0% cap · market cap 13.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
740
Businesses Nearby
108k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 46%
Dining 23%
Groceries 19%
Apparel 10%
Aldi
Groceries
20,092 visits/mo
0.1 miles
Dollar Tree
Shops & Services
19,578 visits/mo
0.4 miles
Taco Bell
Dining
12,971 visits/mo
0.3 miles
Mobil
Shops & Services
12,137 visits/mo
0.5 miles
TD Bank
Shops & Services
7,529 visits/mo
0.1 miles
Demographics for 34950, FL
16,582
Population
8,055
Households
2.1
Avg Household Size
37
Median Age
14%
College-Educated
64%
High-School Grad
5.2 sq mi
ZIP Area
3,189
Density / Sq Mi
$32,707
Median Household Income
$29,214
Median Earnings
$1,121
Median Rent
$175,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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- Matthew Willer Tile & Marble — 2050 Oleander Blvd, Fort Pierce, FL 34950
Frequently Asked Questions
What type of property is this?
Showroom - Showroom with US Highway 1 frontage on a hard corner with a traffic light, plus an adjacent extra parking lot.
Where is this showroom located?
The property is located at 1102 S US Highway 1 Fort Pierce, FL.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 20,736 square feet showroom or retail/showroom space; US Highway 1 frontage; Hard corner with traffic light
