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    5009 Lace Ave Fort Pierce, FL 34982

    For Sale
    $550,000

    Prime .55-acre commercial property, two buildings.

    Property size:
    1,690 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity presents a rare chance to acquire a thriving mixed-use property situated on a sizable .55-acre lot in Fort Pierce, Florida. Ideally located just off US-1, this property offers unparalleled access to local communities and boasts a convenient five-mile direct route to I-95, ensuring excellent connectivity. The property is fully fenced and features over 13,000 square feet of paved parking and driveway areas, providing ample space for customers and employees. The property includes two buildings. The first is a concrete block construction (CBS) office building, encompassing over 1,600 square feet of climate-controlled office and storage space. This building boasts a new metal roof installed in 2018, providing superior storm protection, and includes a handicap-compliant bathroom and parking. The second building, a 1,300-square-foot, three-bay aluminum structure, was constructed in 2019 and offers additional space, complemented by a covered porch area for secure outdoor storage. The property's zoning is CG, allowing for a variety of commercial uses. The total square footage is 1,690, and the property was built in 1967. This is a unique owner/user opportunity in a developing area with excellent highway access. The asking price is $550,000. Don't miss this chance to own your own business location in a prime commercial area.

    Property Features for 5009 Lace Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,690 SF

    Building Details

    Year Built
    1967
    Buildings
    2
    Stories
    1
    Units
    1

    HighLights

    • .55‑acre commercial property in Fort Pierce, FL, ideally located off US‑1 with easy I‑95 access.
    • Fully fenced with over 13,000 square feet of paved parking.
    • Two buildings totaling 2,900 square feet: a 1,600 sq ft CBS office building (new roof 2018) and a 1,300 sq ft, three‑bay aluminum structure (2019).
    • CG zoning allows for various commercial uses.
    • Asking price: $550,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.3246118
    Latitude
    27.3733584

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    FAQs

    What type of property is this?
    Mixed-use property - Prime .55-acre commercial property, two buildings.
    Where is this mixed-use property located?
    The property is located at 5009 Lace Ave Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: .55-acre commercial property in Fort Pierce, FL, ideally located off US-1 with easy I-95 access.; Fully fenced with over 13,000 square feet of paved parking.; Two buildings totaling 2,900 square feet: a 1,600 sq ft CBS office building (new roof 2018) and a 1,300 sq ft, three-bay aluminum structure (2019).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5009 Lace Ave Fort Pierce, FL 34982
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