Property profile

4875 Us Highway 1 Lakewood Park, FL 34951

OFF-MARKET
Land
5.06 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a site plan-approved self-storage project in Fort Pierce, Florida. Located on the high-traffic US Hwy 1 and Indrio Rd, this 5.06-acre commercial property (CG zoning) is ready for immediate development. The approved plans include two modern self-storage buildings totaling 66,275 square feet of premium storage space: one building with 49,349 square feet and a second with 16,926 square feet. The property boasts enhanced landscaping, ensuring a visually appealing and well-maintained facility. The anticipated occupancy date is May 31, 2024. This prime location in the thriving Fort Pierce market offers significant potential for substantial returns. The asking price is $1,350,000. The property is for sale by owner. This is a turnkey opportunity to capitalize on the growing demand for self-storage in St. Lucie County. The address is 4875 N US Hwy 1, Fort Pierce, FL 34951.

Property profile

Verified
Property type Land
Lot 5.06 ac (220,414 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4875 Us Highway 1 Lakewood Park, FL 34951
Lakewood Park metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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