Warehouse with Secured
1150 Bell Avenue, Fort Pierce, FL 34982
For Sale
New
Contact for pricing
I-1 Light Industrial zoning and fenced outdoor storage support a range of warehouse and industrial operations.
Property Size19,380 SF
Lot Size2.63 Acres
Price / SF$1.42
Days on Market6
Property Features for 1150 Bell Avenue
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Property Condition
Severity
Evidence
Site & Location
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Warehouse Space
Office Build-Out
Drive-In Doors
Additional Details
Property Use
Building Details
Year Built
Buildings
Building Size
Construction
Listing Agency:
NAI Southcoast
(772) 286-6292
Listed By:
Reid Armor · License FL #3328981
(772) 631-4248
Source:
Lehmannflorida
Added: Nov 5
Changed: Nov 10
Last Checked: Nov 10 at 7:45AM
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 NAI Southcoast
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Investment Insights
Based on property information with market context.
This 19,380-square-foot concrete-block warehouse occupies 2.63 acres in Fort Pierce’s Industrial Subdivision. The building includes approximately 16,900 square feet of column-spaced warehouse area and 2,470 square feet of finished office space. Six drive-in doors and a raised loading dock with ramp provide multiple loading options. The site also has roughly 1.5 usable acres of fenced, secured outdoor storage wrapping the building.
Zoned I-1 Light Industrial, the property is located in the City of Fort Pierce. Ownership plans a new roof, with possible exterior painting and site improvements before occupancy.
Zoned I-1 Light Industrial, the property is located in the City of Fort Pierce. Ownership plans a new roof, with possible exterior painting and site improvements before occupancy.
Key Highlights
- 19,380 SF concrete‑block warehouse on 2.63 acres
- Approximately 16,900 SF of column‑spaced warehouse and 2,470 SF of finished office
- Six drive‑in doors and a raised loading dock with ramp
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$165,906
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,318,120
$3.3M
Cap Rate 7%
$2,370,086
$2.4M
Cap Rate 9%
$1,843,400
$1.8M
Market Conditions
NOI Build-Up for 19,380 SF
Gross rent
$241.9K $12.48/SF
− Vacancy
−$46.7K −$2.41/SF
EGI
$195.2K $10.07/SF
− OpEx
−$29.3K −$1.51/SF
NOI
$165.9K $8.56/SF
Area
St. Lucie County, FL
Vacancy
19.30%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,318,120
Cap Rate 7%
$2,370,086
Cap Rate 9%
$1,843,400
Alternative Uses
Best Use
Warehouse
$2.37M
$2.07M – $2.77M
NOI $165,906 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.87M
$4.26M – $5.69M
NOI $341,166 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
6
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34982, FL
27,067
Population
12,356
Households
2.2
Avg Household Size
43
Median Age
15%
College-Educated
84%
High-School Grad
15.5 sq mi
ZIP Area
1,746
Density / Sq Mi
$54,025
Median Household Income
$33,661
Median Earnings
$1,254
Median Rent
$228,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Fort Pierce, FL
Properties on Market for Warehouses in Fort Pierce
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Extra Space Storage — 3900 S US Hwy 1, Fort Pierce, FL 34982
- Barrel Road Storage — 924 Barrel Ave, Fort Pierce, FL 34982
- Arnoff Moving And Storage — 3620 us-1, fort pierce, fl 34982
- Self-Storage at U-Haul — 3626 S US Hwy 1, Fort Pierce, FL 34982
- Wildar RV, Boat, and Trailer Storage — 3502 S US Hwy 1, Fort Pierce, FL 34982
Frequently Asked Questions
What type of property is this?
Warehouse - I-1 Light Industrial zoning and fenced outdoor storage support a range of warehouse and industrial operations.
Where is this warehouse located?
The property is located at 1150 Bell Avenue Fort Pierce, FL.
What are key features of this property?
This property features: 19,380 SF concrete‑block warehouse on 2.63 acres; Approximately 16,900 SF of column‑spaced warehouse and 2,470 SF of finished office; Six drive‑in doors and a raised loading dock with ramp
