Development Powerhouse Near
3032 N 25th St Fort Pierce, FL 34946
For Sale
Contact for pricing
Pending
43.59 acres near Treasure Coast International Airport.
Property Size11,476 SF
Lot Size43.59 Acres
Days on Market744
Property Features for 3032 N 25th St
General Information
Standard status
Pending
Size
11,476 SF
Lot size
43.59 Acres
Property subtype
Land
Listing Agency:
Comwire Realty Inc
(772) 777-8777
Listed By:
Richard Sarta · License #BK511790
Source:
Crexi
Added: Jul 17, 2024
Changed: Jul 10
Last Checked: Jul 29 at 2:49PM
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 Comwire Realty Inc
Investment Insights
Based on property information with market context.
This 43.59-acre property is situated in St. Lucie County’s logistics and expansion corridor, adjacent to the Treasure Coast International Airport. The site is positioned for industrial, aviation-related, or high-density residential development. The property is zoned Light Industrial (IL), allowing administrative approval for high-density multi-family or mixed-use projects. Significant ad valorem tax exemptions are available for qualified workforce housing units. The site is suitable for a 100,000 square foot warehouse, last-mile delivery, fleet storage, or truck parking. Conceptual plans exist for a 250-space RV campground. The property includes a separate 11,476 square foot Class B professional office building built in 2005 on a 1.35-acre parcel, featuring an elevator and ADA compliance. It could serve as a luxury clubhouse for a residential or RV project. The site has city water, city sewer, and a functional on-site lift station. The site is level, cleared, and the southeastern 4.99-acre portion features rock, catch basins, and drainage infrastructure for a 52,000 square foot footprint. The listing includes a separate 11,476-square-foot professional office building located on a 1.37-acre parcel. Built in 2005, the building features 8,000 square feet on the first floor and 3,476 square feet on the second floor, with elevator access. The office building is zoned CO – Commercial Office and is located near the St. Lucie County International Airport. The property is serviced by city water, sewer, and a lift station. Conceptual plans are available for RV storage and truck parking. The owner is willing to work with buyers on specific land use and zoning changes.
Key Highlights
- Shovel‑Ready Infrastructure: Level, cleared 43.59‑acre site with full city water, city sewer, and on‑site lift station.
- Strategic Location: Adjacent to Treasure Coast International Airport (FPR) with FAA certification for commercial passenger flights and international customs.
- Live Local Act Potential: Light Industrial (IL) zoning allows by‑right administrative approval for high‑density multi‑family or mixed‑use projects.
Financial Insights For Office B
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 | $247.9k | $21.60 |
| − Vacancy | −$54.5k | −$4.75 |
| EGI | $193.3k | $16.85 |
| − OpEx | −$48.3k | −$4.21 |
| NOI | $145.0k | $12.64 |
11,476 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.07M
$1.81M – $2.42M
NOI $145,011 @ 7.0% cap · market cap 3.37%
Second Best
Warehouse
$1.40M
$1.23M – $1.64M
NOI $98,242 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$2.89M
$2.53M – $3.37M
NOI $202,024 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Industrial land - 43.59 acres near Treasure Coast International Airport.
Where is this industrial land located?
The property is located at 3032 N 25th St Fort Pierce, FL.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: Shovel‑Ready Infrastructure: Level, cleared 43.59‑acre site with full city water, city sewer, and on‑site lift station.; Strategic Location: Adjacent to Treasure Coast International Airport (FPR) with FAA certification for commercial passenger flights and international customs.; Live Local Act Potential: Light Industrial (IL) zoning allows by‑right administrative approval for high‑density multi‑family or mixed‑use projects.
