Freestanding Retail
1806 Avenue D, Fort Pierce, FL 34950
For Sale
$90,000
Renovated building with an open lot, on-site parking, and usable outdoor space.
Property Size566 SF
Price / SF$159.01
Days on Market99
Property Features for 1806 Avenue D
General Information
Standard status
Size
Building Details
Year Built
Year Renovated
Buildings
Listing Agency:
Keller Williams Realty/P B
Listed By:
Thomas Sinner · License #3568640
(862) 324-3094
Source:
Thepennteam
Added: Aug 1
Changed: Nov 7
Last Checked: Nov 6 at 12:53PM
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 Keller Williams Realty/P B
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Investment Insights
Based on property information with market context.
This freestanding 566-square-foot retail building in Fort Pierce was constructed in 1965 and renovated in 2019. The property includes a large open lot that supports on-site parking and outdoor space use, providing more flexibility than the building footprint alone.
The space is positioned for small-scale retail and similar commercial operations, including salons, barbershops, tax offices, stores, and studios. A previous long-term tenant vacated following zoning enforcement, making zoning review an important consideration for the next occupant or owner.
The space is positioned for small-scale retail and similar commercial operations, including salons, barbershops, tax offices, stores, and studios. A previous long-term tenant vacated following zoning enforcement, making zoning review an important consideration for the next occupant or owner.
Key Highlights
- 566‑square‑foot freestanding retail building
- Renovated in 2019
- Constructed in 1965
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,525
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$130,500
$130.5K
Cap Rate 7%
$93,214
$93.2K
Cap Rate 9%
$72,500
$72.5K
Market Conditions
NOI Build-Up for 566 SF
Gross rent
$10.2K $18.00/SF
− Vacancy
−$866 −$1.53/SF
EGI
$9.3K $16.47/SF
− OpEx
−$2.8K −$4.94/SF
NOI
$6.5K $11.53/SF
Area
St. Lucie County, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$130,500
Cap Rate 7%
$93,214
Cap Rate 9%
$72,500
Alternative Uses
Best Use
Retail
$93.2K
$81.6K – $108.8K
NOI $6,525 @ 7.0% cap · market cap 7.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$142.3K
$124.6K – $166.1K
NOI $9,964 @ 7.0% cap · market cap 11.07%
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
497
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 75%
Electronics 25%
Family Dollar
Shops & Services
8,055 visits/mo
0.3 miles
Advance Auto Parts
Shops & Services
3,029 visits/mo
0.5 miles
Metro by T-Mobile
Electronics
1,324 visits/mo
0.5 miles
Cricket Wireless Authorized Retailer
Electronics
1,009 visits/mo
0.4 miles
Boost Mobile
Electronics
890 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
$175,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - Renovated building with an open lot, on-site parking, and usable outdoor space.
Where is this storefront property located?
The property is located at 1806 Avenue D Fort Pierce, FL.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: 566‑square‑foot freestanding retail building; Renovated in 2019; Constructed in 1965
