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Property profile & analytics
OFF-MARKET Estimated value $1,450,000
Warehouses

1150 Bell Ave Fort Pierce, FL 34982-6581

19,380 SF 2.63 ac lot Built 1956
Entity Owned 23-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-1262284
Property summary
AI-generated overview

This exceptional investment opportunity presents a five-unit industrial warehouse located at 1150 Bell Avenue, Fort Pierce, Florida, 34982. The property boasts a substantial 19,380 square feet of space, ideal for a variety of industrial uses. Built in 1956, this well-established property offers significant potential for immediate income generation or future development. The asking price is $4,000,000. Situated in St. Lucie County, the property's precise lot size is not currently available. The warehouse's five individual units provide flexibility for multiple tenants or a single large-scale operation. Its strategic location in Fort Pierce offers convenient access to major transportation routes, enhancing its logistical appeal. This property represents a rare chance to acquire a substantial industrial asset in a growing Florida market. The property's age presents an opportunity for modernization and value enhancement. Serious inquiries are encouraged to explore the full potential of this significant industrial holding. Further details regarding the individual unit sizes and specifications are available upon request. The property is zoned for industrial use. This is a prime opportunity for investors seeking a strong return on investment in the thriving Fort Pierce industrial sector.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1956
Construction CONCRETE BLOCKS
Total area 19,380 SF
Lot 2.63 ac (114,666 SF)
Zoning code LIGHT INDU
APN 2428-502-0024-000-5
UPID US18-1262284
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
Current use
Occupant on record · Public records
  • Luxury Car Parts Auto Parts Store (Bike/Boat/Book/etc) Store
  • Go Abrasives Mill Building Supply
  • L.E.B. Demolition & Consulting Contractors, Inc. Construction Company General Contractor
  • XFB (Extreme Fishing Boats) (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.54M
Blend (final) Blend
$1.45M
Owner & transaction history
Taylor Investment Group INC · 23 yrs held
Taylor Investment Group INC
since 2002
7 recorded transactions
2023
Price N/A
2023
Price N/A
2020
Price N/A
2017
Price N/A
2002
$700,000
1999
$587,428
1969
Price N/A
Zoning & alternative use
LIGHT INDU · Fort Pierce, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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