Property summary
This 12,000-square-foot warehouse, located at 625 S US Hwy 1 in Fort Pierce, Florida (34950), presents a compelling value-add investment opportunity. The single-story, 11,000-12,877 square foot building, constructed in 1960 and renovated in 2023, sits on a 15,650-square-foot lot and is zoned CG. Currently at 10% occupancy, the property features three units, one building, two loading docks, and two dock-high doors. The warehouse boasts a 30-foot ceiling height and includes showroom/warehouse space, front and back offices, and a conference room. This property benefits from high visibility and heavy traffic counts due to its location on US-1. Seller financing is available with a 30% down payment. The asking lease rate is $14 per square foot, NNN. This is an ideal owner-user opportunity with significant upside potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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