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Industrial Warehouse with Rail Option
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3340 Enterprise Road, Fort Pierce, FL 34982

Warehouse and office space with loading docks, mezzanines, and high power capacity, plus optional live-load rail service.

Property Size29,049 SF
Price / SF$165.24
Days on Market126

Property Features for 3340 Enterprise Road

General Information

Standard status Active
Size 29,049 SF
Property subtype Industrial
Zoning IL - Industrial Warehouse
Investment Type Sale/Leaseback

Warehouse & Industrial

Clear Height 20 ft
Heavy Power Yes

Additional Details

Utilities to Site Yes

Building Details

Year Built 1967
Buildings 4
Listing Agency: Crady Mackin Belland Commercial Real Estate
Listed By: Matthew Mondo · License #FL SL3445909
Source: Crexi
Added: Jun 4 Changed: Oct 6 Last Checked: Oct 5 at 6:21PM

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 Crady Mackin Belland Commercial Real Estate

Investment Insights

Based on property information with market context.

This industrial property includes approximately 29,049 SF of warehouse space with multiple bays and up to 20' clear height. The building features loading docks, air-conditioned office areas, and multiple mezzanine levels that add additional usable floor area. Electrical service is a key attribute, with approximately 1,600 amps available to support a wide range of industrial, manufacturing, distribution, or specialty-use operations. Municipal water and sewer are available, and natural gas is available to the site.

Located at 3340 Enterprise Road in Fort Pierce, the property is supported by logistics-oriented infrastructure, including the option to "live load" from the Florida East Coast Railway spur. Plans are available to construct a direct rail spur into the property, which can further enhance distribution capabilities. Future road abandonment is expected to be annexed into the property, which may increase total site acreage and operational flexibility.

An expansion option is also available, with plans for the addition of approximately 10,000 SF of warehouse space. The property may be delivered either vacant or subject to a sale-leaseback agreement, providing flexibility for an owner-user or an investor seeking an adaptable acquisition structure. Plans and additional materials are available upon request.

Key Highlights

  • Approximately 29,049 SF warehouse with multiple warehouse bays and up to 20' height, plus loading docks
  • Multiple mezzanine levels and air‑conditioned office areas add usable interior floor space
  • Significant power capacity with approximately 1,600 amps available, plus natural gas available to the site

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$248,678
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,973,560 $5.0M
Cap Rate 7%
$3,552,543 $3.6M
Cap Rate 9%
$2,763,089 $2.8M
Market Conditions
NOI Build-Up for 29,049 SF
Gross rent
$362.5K $12.48/SF
− Vacancy
−$70.0K −$2.41/SF
EGI
$292.6K $10.07/SF
− OpEx
−$43.9K −$1.51/SF
NOI
$248.7K $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%
$4,973,560
Cap Rate 7%
$3,552,543
Cap Rate 9%
$2,763,089

Alternative Uses

Best Use
Warehouse
$3.55M
$3.11M – $4.14M (±1% cap)
NOI $248,678 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.31M
$6.39M – $8.52M (±1% cap)
NOI $511,379 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Us National Homes(Roof ... Warehouse & Storage

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20 ft
Clear height
Yes
Heavy power
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby
Well-served
Demand for This Use

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
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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse and office space with loading docks, mezzanines, and high power capacity, plus optional live-load rail service.
Where is this warehouse located?
The property is located at 3340 Enterprise Road Fort Pierce, FL.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Approximately 29,049 SF warehouse with multiple warehouse bays and up to 20' height, plus loading docks; Multiple mezzanine levels and air‑conditioned office areas add usable interior floor space; Significant power capacity with approximately 1,600 amps available, plus natural gas available to the site
(772) 286-5744 Call to check price and availability
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