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Property profile & analytics
FOR SALE
Race tracks

2525 Center Rd Fort Pierce, FL 34946

1,848 SF 54.29 ac lot Built 1990
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US18-2156557
Property summary
AI-generated overview

This exceptional 56-acre industrial land parcel in Fort Pierce, Florida, presents a remarkable investment opportunity. Located at 2525 Center Rd, 34946, this property boasts a pre-approved site plan for a 400,000 square-foot warehouse or industrial park. All assessments, exceeding $100,000, have been paid. The site is zoned for industrial use, including warehouse distribution and a recycling center, and also offers potential for retail development. Federal grant funding is available for various property types. An existing 1,848 square-foot concrete block structure is on-site. Environmental Phase 1 and 2 assessments are complete, designating the land as brownfield, unlocking substantial tax benefits and business incentives, including employee tax credits. This prime location offers easy access to I-95 and is just half a mile from Treasure Coast International Airport, and near the inlet/port. Twenty acres are zoned for heavy industrial use, with the remaining 36 acres zoned for light industrial use. The area is experiencing significant growth, with nearby developments including the $85 million Kings Landing project, the Willow Lakes Wave Garden surf park resort, Derecktor's mega yacht repair center, a potential Buc-ee's location, and the proposed Eagle Bend PUD. Fort Pierce's pro-business environment and expedited permitting processes further enhance this property's appeal. This is an unparalleled opportunity for significant business development in a rapidly expanding South Florida market. The asking price is $6,500,000.

Property profile
Verified
Property type Race tracks
Use group RACE TRACK (AUTO, DOG, HORSE)
Year built 1990
Construction CONCRETE BLOCKS
Total area 1,848 SF
Lot 54.29 ac (2,364,872 SF)
Zoning code PLANNED NO
APN 1431-130-0000-010-0
UPID US18-2156557
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bpsc Industries LLC · 20 yrs held
Bpsc Industries LLC
since 2006
2 recorded transactions
2006
$2.5M
1969
Price N/A
Zoning & alternative use
PLANNED NO · Fort Pierce, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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