Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2716 Us Highway 1 Fort Pierce, FL 34982

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Freestanding building, drive-thru, high visibility.

    Lot size:
    3,367 SF

    Property Features for 2716 Us Highway 1

    General Information

    Property type
    Freestanding property
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,367 SF
    Total Rate
    10101

    Building Details

    Year Built
    2019
    Buildings
    1

    Spaces For Lease

    at 2716 Us Highway 1, Fort Pierce, FL 34982 Contact us
    Unit

    $36 /Mo

    Size
    3,367 SF
    Contact us

    We can help!

    Listing Contact
    Douglas Legler
    Douglas Legler

    Listing Agent: Douglas Legler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 3,367 square foot freestanding retail building, constructed in 2019, presents a unique opportunity for a discerning business owner. Ideally suited for a quick-serve restaurant with its convenient drive-thru, the property boasts excellent visibility and accessibility. Situated on a prominent corner lot at the intersection of US Highway 1 and Savannah Road in Fort Pierce, this location benefits from high traffic counts and easy ingress/egress. The 0.8-acre lot provides ample space for customer parking and maneuvering. The building is a single-tenant structure, offering complete control and flexibility. The C3 zoning allows for a variety of commercial uses. The property features one building with no elevators. Its modern construction and prime location make it an attractive investment opportunity in a thriving commercial area. The parcel's APN is 24-22-601-0023-0004. This is a turnkey solution for a business seeking immediate occupancy in a high-traffic, high-visibility location.
    Property Profile Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    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
    -80.3258567
    Latitude
    27.41815516

    Nearby Similar for Lease

    • $15 SF/Yr
      1,500 SF

      Modern Flex Office Spaces Available

      Flexible leasing options in a busy industrial corridor.
      3801 Oleander Ave, Fort Pierce, FL 34982
      View Details
    • $15 SF/Yr
      1,500 SF

      Modern Flex Office Spaces Available

      Modern flex office spaces for lease in Fort Pierce, Florida.
      3801 Oleander Ave, Fort Pierce, FL 34982
      View Details
    • $15 SF/Yr
      1,500 SF

      Modern Flex Office Spaces Available

      Flexible leasing options in a busy industrial corridor.
      3801 Oleander Ave, Fort Pierce, FL 34982
      View Details
    • $15 SF/Yr
      1,500 SF

      Modern Flex Office Spaces Available

      Modern flex office spaces for lease in Fort Pierce, FL.
      3801 Oleander Ave, Fort Pierce, FL 34982
      View Details
    • $4,500 /Mo
      2,000 SF

      Remodeled Commercial Building with Parking

      2000 sq ft commercial building with parking in Fort Pierce.
      3801 Okeechobee Rd, Fort Pierce, FL 34947
      View Details
    • $15 SF/Yr
      1,500 SF

      Modern Flex Office Spaces

      Modern flex spaces ideal for various businesses, move-in ready.
      3801 Oleander Ave, Fort Pierce, FL 34982
      View Details
    • $16 SF/Yr
      56,628 SF

      Landmark Office Building in Fort Pierce

      5,400 SF office space available for lease.
      2222 Colonial Rd, Fort Pierce, FL 34950
      View Details
    • $17 SF/Yr
      23,087 SF

      Fort Pierce Commercial Rental Space

      Commercial rental with office and warehouse space in Fort Pierce.
      405 Angle Rd, Fort Pierce, FL 34947
      View Details
    • $1,200 /Mo
      4,500 SF

      Ocean View Office Suite

      Second-floor office suite with ocean views available for lease.
      221 S Ocean Dr, Fort Pierce, FL 34949
      View Details
    • $3,000 /Mo
      998 SF

      Flexible Co-working Space Available

      Turnkey co-working space in St. Lucie West.
      300 NW Bethany Dr, Saint Lucie West, FL 34986
      View Details
    • $26 SF/Yr
      46,609 SF

      Freestanding Building on US Highway

      General Commercial zoning ideal for retail, medical, or restaurant.
      10244 S Us Highway 1, Port St Lucie, FL 34952
      View Details
    • $275,000
      1,155 SF

      Fort Pierce Retail Investment Opportunity

      Commercial property with high visibility, convenient access, and redevelopment potential.
      1901 Orange Ave, Fort Pierce, FL 34950
      View Details

    FAQs

    What type of property is this?
    Freestanding property - Freestanding building, drive-thru, high visibility.
    Where is this freestanding property located?
    The property is located at 2716 Us Highway 1 Fort Pierce, FL.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: 3,367 square foot freestanding retail building.; Single-tenant occupancy.; Built in 2019.
    (772) 286-6292 Call to check price and availability
    Request Owner's contact information
    2716 Us Highway 1 Fort Pierce, FL 34982
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2716 Us Highway 1
    Fort Pierce, FL 34982
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Douglas Legler
    Douglas Legler
    Real Estate License ID: #BK3160171
    (772) 286-6292 (772) 405-7778
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!