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    OFF-MARKET
    Warehouses

    2550 Kings Hwy, Fort Pierce, FL 34951-4019

    4,800 SF 1.84 ac lot Built 1992
    Individually Owned 12-yr Hold Absentee Owner Free & Clear
    Property ID
    US18-8589457
    Property summary
    AI-generated overview

    This single-tenant industrial warehouse, located at 2550 N Kings Hwy, Fort Pierce, FL 34951, offers 4,800 square feet of space on a 1.15-acre lot. Built in 1957 and renovated in 1992, the property is zoned for light industrial use and features twelve dock-high bays, one of which includes a ramp. The warehouse also includes two offices, two bathrooms, and a reception area, making it suitable for a variety of uses. Its convenient location just north of the I-95 and Orange Avenue interchange provides excellent access to major transportation routes. This burgeoning transportation hub boasts over 2 million square feet of industrial warehouse space currently under construction, and nearby amenities include a Wawa, Flying J Travel Center, and Love's Travel Stop. The property's ample space and strategic location make it ideal for contractors, logistics operations, equipment storage and repair, staging and material storage, and truck and trailer parking. The APN is 1336-232-0000-000-8. This cross-docking warehouse presents a significant opportunity for businesses seeking a well-maintained and strategically located industrial space.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1992
    Construction METAL FRAME
    Total area 4,800 SF
    Lot 1.84 ac (80,000 SF)
    Zoning code INDUSTRIAL
    APN 1336-232-0000-000-8
    UPID US18-8589457
    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
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    Owner & transaction history
    Frank Merola · 12 yrs held
    Frank Merola
    since 2013
    2 recorded transactions
    2013
    $125,000
    2012
    Zoning & alternative use
    INDUSTRIAL · Fort Pierce, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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