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    5022 Feeder Rd Lakewood Park, FL 34951

    For Sale
    $399,000

    Prime Location, Versatile Office Space

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This 2008-built office building at 5022 Feeder Road, Fort Pierce, FL 34951, is offered at $399,000. The single-unit property presents a fantastic investment opportunity in a rapidly developing area of Lakewood Park. Currently configured as a beauty salon, the building's zoning allows for a wide range of commercial uses, including but not limited to: pharmacy, automotive services, insurance/banking, food service/deli, and real estate offices. This flexibility makes it an ideal choice for diverse business ventures. The property's location offers significant potential for future growth, given the ongoing development in the surrounding area. The building sits on a lot with zero square footage listed, however, an adjacent lot is available for separate purchase and can be combined with this property if desired. This presents a unique opportunity to expand the footprint and further enhance the investment potential. The existing business operating within the building is also available for separate purchase, providing an additional avenue for investment. Serious inquiries are encouraged to explore this promising commercial property.

    Property Features for 5022 Feeder Rd

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    2008
    Units
    1

    HighLights

    • $399,000 asking price for a 2008‑built office building.
    • Located at 5022 Feeder Road, Fort Pierce, FL 34951, in the Lakewood Park area.
    • Single‑unit building currently operating as a beauty salon.
    • Zoned for diverse commercial uses, including retail, food service, and professional offices.
    • Adjacent lot available for separate purchase to expand the property.
    • Existing business (beauty salon) also available for separate purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lakewood Park
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.4326521
    Latitude
    27.5243797

    Nearby Comparable

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      2.28 Acre Fort Pierce Lot

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Location, Versatile Office Space
    Where is this office property / space located?
    The property is located at 5022 Feeder Rd Lakewood Park, FL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: $399,000 asking price for a 2008-built office building.; Located at 5022 Feeder Road, Fort Pierce, FL 34951, in the Lakewood Park area.; Single-unit building currently operating as a beauty salon.
    Request Owner's contact information
    5022 Feeder Rd Lakewood Park, FL 34951
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    Lakewood Park, FL 34951
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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
    5022 Feeder Rd Lakewood Park, FL 34951
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