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    OFF-MARKET
    Warehouses

    625 Us Highway 1, Fort Pierce, FL 34950

    11,000 SF Built 1960
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Warehouses
    Year built 1960
    Total area 11,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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