Current Use by Public Records
- 7-Eleven / Grocery & Convenience Store
- Jorgensen Contract Service Llc / Auto Repair Shop
Property Details for 5501 Orange Ave
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 17.09-acre industrial property, located at 5501 Orange Avenue in Fort Pierce, Florida, presents a significant investment opportunity. The property, zoned for industrial use, offers prime development potential and boasts convenient access to I-95 (¾ mile east on Orange Avenue), ensuring excellent visibility and accessibility. The site includes three existing buildings totaling 17,090 square feet, each single-story, with a total asking price of $9,850,000 ($576,360.45 per unit). These buildings feature eight dock-high doors, ideal for warehouse operations. Renovated in 1999, the property is classified as Class C and comprises three units. The property's strategic location, combined with its ample acreage, makes it suitable for various industrial ventures, including warehousing, outside storage, or a combination thereof. Two separate parcels (5.5 acres east and 4.98 acres west) offer potential for lease income, projected at $500,000 annually. The property's location at a lighted intersection provides excellent visibility. A new 7-Eleven is under construction nearby, further enhancing the area's appeal. The property's APN is 2407-701-0001-000-4, and ownership is corporate. This is a rare opportunity to acquire a substantial industrial property in a rapidly growing area of St. Lucie County.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Pierce
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.3803
- Latitude
- 27.4468
