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    OFF-MARKET
    Land

    4875 Us Highway 1, Lakewood Park, FL 34951

    5.06 ac lot
    Property ID
    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
    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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