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    2716 Us Highway 1 Fort Pierce, FL 34982

    For Sale
    $2,500,000

    Freestanding building, drive-thru, high traffic.

    Property size:
    3,367 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 3,367 square foot freestanding building, built in 2019, is available for $2,500,000 ($742.50/sq ft). Located at 2716 S US Hwy 1, Fort Pierce, FL 34982 (APN 2422-601-0023-000-4), this property sits on a 0.8-acre lot zoned C3. The building is ideally suited for a quick-serve restaurant or similar operation, featuring a drive-thru for convenient customer access. Its prime location on a hard corner at the intersection of US Hwy 1 and Savannah Rd provides excellent visibility and accessibility. The property benefits from high traffic volume, with an annual average daily traffic count of 33,000 vehicles. The surrounding area boasts a population of 78,773 within a 5-mile radius. This former quick-serve restaurant is in excellent condition and ready for immediate occupancy. The property offers a significant opportunity for investors seeking a well-positioned commercial asset in a thriving market. The building's single-story design and ample parking further enhance its appeal.

    Property Features for 2716 Us Highway 1

    General Information

    Property type
    Restaurants
    Square Feet
    3,367 SF
    Lot Size
    34,848 SF

    Building Details

    Year Built
    2019
    Buildings
    1

    HighLights

    • 3,367 SF freestanding building on a 0.8‑acre lot, built in 2019.
    • Offered at $2,500,000 ($742.50/SF).
    • Located at 2716 S US Hwy 1, Fort Pierce, FL 34982 (APN 2422‑601‑0023‑000‑4), C3 zoning.
    • Features a drive‑thru and excellent visibility at a hard corner intersection with high traffic counts (33,000 AADT).
    • Excellent condition, ready for immediate occupancy; ideal for quick‑serve restaurant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Mallonee Ophthalmologist Diabetes Eye & Macular ... Ophthalmologist Dairy Queen Grill ... Fast Food Restaurant Z'DFixing Glass Doors Roofing Contractor

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -80.3256181
    Latitude
    27.418114

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    FAQs

    What type of property is this?
    Restaurant - Freestanding building, drive-thru, high traffic.
    Where is this restaurant located?
    The property is located at 2716 Us Highway 1 Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 3,367 SF freestanding building on a 0.8-acre lot, built in 2019.; Offered at $2,500,000 ($742.50/SF).; Located at 2716 S US Hwy 1, Fort Pierce, FL 34982 (APN 2422-601-0023-000-4), C3 zoning.
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    Fort Pierce, FL 34982
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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
    2716 Us Highway 1 Fort Pierce, FL 34982
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