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Mixed-Use Retail and Office Space
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5055 Turnpike Feeder Road, Fort Pierce, FL 34951

Commercial Neighborhood zoning supports retail and office occupancy.

Property Size9,716 SF
Price / SF$0.00
Days on Market359

Property Features for 5055 Turnpike Feeder Road

General Information

Standard status Active
Size 9,716 SF
Property subtype Mixed Use
Zoning Commercial Neighborhood

Taxes and HOA fees

Annual Taxes $21,039

Building Details

Building Size 9,716 SF
Year Built 1989
Listing Agency: Silverleaf Realty Group
Listed By: Mark Youssef · License #3527559
Source: Rennyrealty
Added: Nov 9, 2025 Changed: Oct 31 Last Checked: Oct 31 at 3:14AM

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 Silverleaf Realty Group

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Investment Insights

Based on property information with market context.

This Fort Pierce property contains space suited to retail and office use and was previously occupied by an urgent care provider. Its Commercial Neighborhood zoning is identified for business uses including professional offices, restaurants, personal services, and retail goods.

The building dates to 1989 and is located on Turnpike Feeder Road in the Lakewood Park area of Fort Pierce, Florida.

Key Highlights

  • Commercial Neighborhood zoning
  • Previously operated as an urgent care facility
  • Retail and office space on Turnpike Feeder Road

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$112,016
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,240,320 $2.2M
Cap Rate 7%
$1,600,229 $1.6M
Cap Rate 9%
$1,244,622 $1.2M
Market Conditions
NOI Build-Up for 9,716 SF
Gross rent
$174.9K $18.00/SF
− Vacancy
−$14.9K −$1.53/SF
EGI
$160.0K $16.47/SF
− OpEx
−$48.0K −$4.94/SF
NOI
$112.0K $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%
$2,240,320
Cap Rate 7%
$1,600,229
Cap Rate 9%
$1,244,622

Alternative Uses

Best Use
Mixed Use
$1.87M
$1.64M – $2.19M (±1% cap)
NOI $131,166 @ 7.0% cap · market cap 1,093,050.00%
Second Best
Retail
$1.60M
$1.40M – $1.87M (±1% cap)
NOI $112,016 @ 7.0% cap · market cap 933,466.67%
Theoretical Best
Office A
$2.44M
$2.14M – $2.85M (±1% cap)
NOI $171,040 @ 7.0% cap · market cap 1,425,333.33%
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

Tubeck Realty Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Restaurant Big Box & Wholesale Store Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby
118k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 44% Dining 26% Groceries 23% Apparel 7%
Winn-Dixie Groceries
27,325 visits/mo 0.3 miles
7-Eleven Shops & Services
22,888 visits/mo 0.4 miles
McDonald's Dining
22,476 visits/mo 0.4 miles
Bealls Apparel
8,068 visits/mo 0.3 miles
Dollar General Shops & Services
7,884 visits/mo 0.3 miles

Demographics for 34951, FL

15,357
Population
8,305
Households
1.8
Avg Household Size
56
Median Age
21%
College-Educated
92%
High-School Grad
24.3 sq mi
ZIP Area
632
Density / Sq Mi
$63,214
Median Household Income
$35,597
Median Earnings
$1,186
Median Rent
$229,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial Neighborhood zoning supports retail and office occupancy.
Where is this mixed-use property located?
The property is located at 5055 Turnpike Feeder Road Fort Pierce, FL.
What are key features of this property?
This property features: Commercial Neighborhood zoning; Previously operated as an urgent care facility; Retail and office space on Turnpike Feeder Road
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