625 Us Highway 1 Fort Pierce, FL 34950
- Warehouses
- 11,000 SF
Current Use by Public Records
- Warehouses
Property Details for 625 Us Highway 1
- Year built
- 1960
- Property size
- 11,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Pierce
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.3262
- Latitude
- 27.4409
