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621 Us Highway 1 Fort Pierce, FL 34950

OFF-MARKET Warehouses Google Maps
12,000 SF Built 1960
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 12,000 square foot industrial property, situated on a 15,650 square foot lot at 625 S U.S. 1, offers a unique blend of warehouse, manufacturing, and flex space. Built in 1960 and extensively renovated in 2023, this Class C building boasts a single story with 30-foot ceilings. The property is currently multi-tenant, with 10,000 square feet of vacant space available, divisible into units as small as 3,000 square feet, with a maximum contiguous space of 10,000 square feet. The building features two loading docks and two dock-high doors, providing efficient loading and unloading capabilities. Ten parking spaces are available for tenants and visitors. The property benefits from a high-traffic location on US-1 Highway in Florida, offering excellent visibility and accessibility. The existing space includes a showroom/warehouse configuration, complete with front and back offices, a conference room, and even a pre-existing barbershop/hair salon, making it ideal for a variety of uses, including a mechanic auto shop. The zoning is CG. This is a rare opportunity to secure a well-maintained, versatile industrial space in a prime location.

Property profile

Verified
Property type Warehouses
Year built 1960
Total area 12,000 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Insurance Agency
  • Custom T-Shirt Store

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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