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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2838 Us Highway 1 Fort Pierce, FL 34982

3,003 SF Built 1983
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 2838 S US Hwy 1 in Fort Pierce, Florida, presents a compelling investment opportunity. The 3,003 square foot building, constructed in 1983, previously operated as a restaurant. Situated on a prominent site along the busy US Highway 1 in St. Lucie County (zip code 34982), this location boasts high visibility and significant daily traffic exceeding 30,000 vehicles. The property offers flexibility for prospective buyers. The existing structure, while showing its age, retains character and could be renovated to suit a variety of restaurant or retail concepts. Alternatively, the building could be demolished to accommodate a new construction project, maximizing the potential of this prime location. The asking price is $630,000. This is a rare chance to acquire a high-traffic commercial property with significant redevelopment potential in a thriving Florida market. The lot size is not specified.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1983
Total area 3,003 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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