1100 Colonnades Dr Fort Pierce, FL 34949
- Community centers
- 4,000 SF
- 0.96 lot acres
Current Use by Public Records
- Community centers
Property Details for 1100 Colonnades Dr
- Year built
- 1975
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.96 lot acres
- Property size
- 4,000 SF
- Zone code
- TOURIST CO
- Property type
- Community centers
- APN
- 2401-501-0331-220-2
- APU
- 240150103312202
Description
This exceptional 1,000-square-foot retail space, formerly a bank, is available for lease in the desirable Colonnades Plaza on Fort Pierce South Beach (Hutchinson Island). Located across from the Pelican Yacht Club, this property boasts excellent visibility on Seaway Drive. The space features ample parking with 25 spaces in front and 15 in the rear. The property is zoned C-5 and has an APN of 240150103312202. The lease rate is $25 per square foot, NNN, with CAM estimated at $7.90 per square foot. This single-tenant space presents a unique opportunity for businesses seeking a high-traffic location. The property is part of a vibrant commercial center, sharing space with established businesses such as Ocean Nails, Cream Republic Ice Cream, Agelina's Italian Restaurant, and Ellie's House of Hair. Note that an adjacent 2,000-square-foot former medical space is also available, allowing for a combined total of 3,000 square feet should a larger space be required. Given the limited availability of commercial space on South Beach, this property represents a rare and highly sought-after opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $990,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $995,000
- 6.5%
- $960,000
- 7%
- $970,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,050,000
- Geo Method
- $860,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $850,000
- Retail
- $780,000
- Mixed-Use
- $845,000
- Hospitality
- $940,000
- Educational
- $975,000
- Residential Income
- $880,000
- Energy
- $955,000
- Income-Based Land
- $840,000
- Food Service
- $780,000
Location Insight
- Map
- Local Demand
- City
- Fort Pierce
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.3021
- Latitude
- 27.4642
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA