13490 Orange Ave Fort Pierce, FL 34945
- Retail space
- 1,960 SF
- 1.15 lot acres
Current Use by Public Records
- La Naranja Latin Restaurant / Restaurant
Property Details for 13490 Orange Ave
- Year built
- 1982
- Construction
- METAL FRAME
- Lot size
- 1.15 lot acres
- Property size
- 1,960 SF
- Zone code
- COMM GENRA
- Property type
- Retail space
- APN
- 2308-601-0060-000-4
- APU
- 230860100600004
Description
This exceptional commercial property in Fort Pierce, Florida, presents a unique investment opportunity. Located at 13490 Orange Ave, 34945, this 1.15 to 2.2-acre parcel boasts a versatile existing structure and significant development potential. The property currently features a 1960 square foot building, previously used as a restaurant, complete with a full kitchen, bar, and large freezer. This adaptable space is well-suited for a variety of commercial uses, including but not limited to a convenience store, farmers market, gas station, or storage facility. The high demand for a farmers market in this area is further enhanced by ongoing residential development and the planned expansion of Orange Avenue, promising strong future growth. The property's strategic location in St. Lucie County offers excellent visibility and accessibility. An added benefit is the inclusion of an industrial water system. The asking price for this exceptional property is $670,000. This is a rare chance to acquire a substantial commercial property in a thriving Florida market with significant upside potential. The property's size and existing infrastructure provide immediate income potential while offering ample space for future expansion or redevelopment. Don't miss this opportunity to secure a prime piece of commercial real estate in a rapidly growing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $300,000
- 6.5%
- $285,000
- 7%
- $255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $290,000
- Mixed-Use
- $245,000
- Hospitality
- $300,000
- Educational
- $240,000
- Residential Income
- $310,000
- Energy
- $235,000
- Income-Based Land
- $280,000
- Food Service
- $310,000
Location Insight
- Map
- Local Demand
- City
- Fort Pierce
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.462
- Latitude
- 27.448
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA
