0 Tbd Orange Ave, Fort Pierce, FL 34947
This exceptional industrial property, located at TBD Orange Avenue, Fort Pierce, FL 34947, presents a compelling investment opportunity. The 17.09-acre site is zoned for industrial use and offers significant development potential. The existing warehouse building comprises 10,296 square feet, divided into three units. Constructed in 1927, this property benefits from a strategic location, just three-quarters of a mile east of I-95, providing convenient access to both Orange Avenue and Jenkins Road in St. Lucie County. This prime location makes it ideal for various industrial uses, including warehousing, outside storage, or a combination thereof. The property's ample acreage and proximity to major transportation arteries make it an attractive prospect for industrial development. The asking price for this significant industrial holding is $9,850,000. The lot size is 17.09 acres. While the existing building offers immediate income potential, the substantial land area allows for significant future expansion or redevelopment. This property represents a rare opportunity to acquire a well-situated industrial asset with considerable upside potential in a growing market. The zip code is 34947.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.