Freestanding Retail
1403 North U.S Highway 1, Fort Pierce, FL 34950
For Sale
Contact for pricing
C-3 zoning accommodates retail, service, showroom, office, and medical uses.
Property Size6,370 SF
Lot Size0.50 Acres
Price / SF$187.60
Days on Market34
Property Features for 1403 North U.S Highway 1
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Asking Price
Corner Location
Building Details
Buildings
Listing Agency:
DiGirolomo Commercial Group
Listed By:
John DiGirolomo · License FL BK3458838
(772) 713-4204
Source:
Crexi
Added: Oct 8
Changed: Nov 8
Last Checked: Nov 10 at 7:25AM
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 DiGirolomo Commercial Group
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Investment Insights
Based on property information with market context.
This freestanding retail property contains 6,370 square feet on a half-acre corner parcel. The building previously housed Spunky's Surf Shop and is described as suitable for one or two tenants. C-3 zoning allows retail, service, showroom, office, and medical uses without a change of use.
The site fronts U.S. Highway 1 in Fort Pierce, Florida, with Seaway Drive to the east. Its corner position and highway frontage provide access from the corridor, while the property also has parking and signage.
The site fronts U.S. Highway 1 in Fort Pierce, Florida, with Seaway Drive to the east. Its corner position and highway frontage provide access from the corridor, while the property also has parking and signage.
Key Highlights
- 6,370‑square‑foot freestanding retail building
- Half‑acre corner parcel with frontage on U.S. Highway 1
- C‑3 zoning allows retail, service, showroom, office, and medical uses without a change of use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,992
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,419,840
$1.4M
Cap Rate 7%
$1,014,171
$1.0M
Cap Rate 9%
$788,800
$788.8K
Market Conditions
NOI Build-Up for 6,370 SF
Gross rent
$110.8K $17.40/SF
− Vacancy
−$9.4K −$1.48/SF
EGI
$101.4K $15.92/SF
− OpEx
−$30.4K −$4.78/SF
NOI
$71.0K $11.14/SF
Area
St. Lucie County, FL
Vacancy
8.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,419,840
Cap Rate 7%
$1,014,171
Cap Rate 9%
$788,800
Alternative Uses
Best Use
Retail
$1.01M
$887.4K – $1.18M
NOI $70,992 @ 7.0% cap · market cap 5.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,137 @ 7.0% cap · market cap 9.38%
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
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Caliber Car Wash
Shops & Services
4,465 visits/mo
0.5 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
$175,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Fort Pierce, FL
Properties on Market for Storefront properties in Fort Pierce
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Flowers Susan Washington — 1524 Ave D, Fort Pierce, FL 34950
Frequently Asked Questions
What type of property is this?
Storefront property - C-3 zoning accommodates retail, service, showroom, office, and medical uses.
Where is this storefront property located?
The property is located at 1403 North U.S Highway 1 Fort Pierce, FL.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 6,370‑square‑foot freestanding retail building; Half‑acre corner parcel with frontage on U.S. Highway 1; C‑3 zoning allows retail, service, showroom, office, and medical uses without a change of use
