Storefront Property with Warehouse
For Sale
$779,000
221 N US Highway 1, Fort Pierce, FL 34950
CommercialSale, Fort Pierce, FL
Property Size4,004 SF
Lot Size0.25 Acres
Price / SF$194.56
Days on Market48
Property Features for 221 N US Highway 1
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking
12
Subdivision
Dittmar & Mccartys Rev
Standard status
Active
APN
241050400170004
Lot size
0.25 Acres
Additional Details
Property Use
Flex
Taxes and HOA fees
Tax Year
2025
Tax Description
DITTMAR AND MCCARTY S REV OF THEIR RE-S/D BLK M LOT 1-LESS ELY 5.3 FT- AND ALL LOT 2 (MAP 24/10D) (OR 4076-1007)
Tax Annual Amount
8028
Legal Description
DITTMAR AND MCCARTY S REV OF THEIR RE-S/D BLK M LOT 1-LESS ELY 5.3 FT- AND ALL LOT 2 (MAP 24/10D) (OR 4076-1007)
Utilities
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Building Details
Year built
1956
Floors in Building
2
Flooring type
Concrete, Vinyl
Building materials
Block, Frame, Concrete
Roof type
Shingle, Composition
Listing Agency:
Water Pointe Realty Group
(772) 220-4343
Listed By:
Wendy DeWitt · License #3225730
(772) 341-3478
Added: Sep 11
Changed: Oct 26
Last Checked: Oct 28 at 9:06PM
MLS# M20056716
Copyright © 2026 Martin County REALTORS® of the Treasure Coast, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,004-square-foot commercial building combines showroom area with warehouse and storage space, providing a varied interior configuration for commercial operations. The property includes concrete and vinyl flooring, central heating, ceiling fans, central air conditioning, and a composition and shingle roof. Construction materials include block, frame, and concrete, and the building was completed in 1956.
Located at 221 N US Highway 1 in downtown Fort Pierce, the property offers exposure along US Highway 1 and sits on a 0.2491-acre parcel. Ample parking is included, adding practical convenience for occupants and visitors.
Located at 221 N US Highway 1 in downtown Fort Pierce, the property offers exposure along US Highway 1 and sits on a 0.2491-acre parcel. Ample parking is included, adding practical convenience for occupants and visitors.
Key Highlights
- 4,004‑square‑foot commercial building
- Showroom area with warehouse and storage space
- 0.2491‑acre parcel at 221 N US Highway 1
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,162
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$923,240
$923.2K
Cap Rate 7%
$659,457
$659.5K
Cap Rate 9%
$512,911
$512.9K
Market Conditions
NOI Build-Up for 4,004 SF
Gross rent
$72.1K $18.00/SF
− Vacancy
−$6.1K −$1.53/SF
EGI
$65.9K $16.47/SF
− OpEx
−$19.8K −$4.94/SF
NOI
$46.2K $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%
$923,240
Cap Rate 7%
$659,457
Cap Rate 9%
$512,911
Alternative Uses
Best Use
Retail
$659.5K
$577.0K – $769.4K
NOI $46,162 @ 7.0% cap · market cap 5.93%
Second Best
Warehouse
$489.7K
$428.5K – $571.3K
NOI $34,277 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$1.01M
$881.1K – $1.17M
NOI $70,486 @ 7.0% cap · market cap 9.05%
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
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,505
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Chaney's Art of Flowers & Beautifications — 139 N 2nd St, Fort Pierce, FL 34950
- Flowers Susan Washington — 1524 Ave D, Fort Pierce, FL 34950
Frequently Asked Questions
What type of property is this?
Storefront property - Showroom, storage areas, and on-site parking support a versatile commercial layout.
Where is this storefront property located?
The property is located at 221 N US Highway 1 Fort Pierce, FL.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: 4,004‑square‑foot commercial building; Showroom area with warehouse and storage space; 0.2491‑acre parcel at 221 N US Highway 1
