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Property profile & analytics

5311 Tpke Feeder Rd Fort Pierce, FL 34951-2060

  • Retail space
  • 9,110 SF
  • 1.16 lot acres
OFF-MARKET
Value Estimation
$1,820,000
Last Sale
May 27, 2025
$1,939,500
Location Intelligence
Property ID
US18-7252564
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Dollar General / Dollar Store / Beauty Supply Store
  • Western Union / Money Transfer Service

Property Details for 5311 Tpke Feeder Rd

Year built
2012
Construction
CONCRETE
Lot size
1.16 lot acres
Property size
9,110 SF
Zone code
COMM NEIGH
Property type
Retail space
APN
1312-703-0001-000-6
APU
131270300010006

Description

This fee-simple, absolute NNN Dollar General property in Fort Pierce, Florida offers a compelling investment opportunity. The 9,110 square foot convenience store, built in 2012, sits on a 1.16-acre lot at 5311 Turnpike Feeder Rd, 34951, benefiting from high traffic counts exceeding 13,600 vehicles daily. The property boasts a strong 8.51% cap rate, generating a net operating income (NOI) of $142,547. The corporate-guaranteed lease provides significant security, with a remaining term of approximately 2.9 years expiring September 29, 2027. This single-tenant property enjoys 100% occupancy and benefits from a robust demographic profile, with over 54,000 people residing within a 5-mile radius. The property's location on Turnpike Feeder Road ensures high visibility and accessibility. This is a low-maintenance, high-return investment ideal for passive income seekers. The property's classification includes convenience store, QSR/fast food, and storefront. The investment type is a net lease, specifically a net-leased discount store.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,815,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,750,000
    6.5%
    $1,890,000
    7%
    $2,090,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $2,015,000
    Geo Method
    $1,615,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $2,080,000
    Retail
    $2,115,000
    Mixed-Use
    $1,890,000
    Hospitality
    $1,650,000
    Educational
    $2,095,000
    Residential Income
    $2,230,000
    Energy
    $1,870,000
    Income-Based Land
    $1,815,000
    Food Service
    $1,905,000

Location Insight

  • Map
  • Local Demand
City
Fort Pierce
County
St. Lucie
State
Florida
Longitude
-80.392
Latitude
27.5306
CBSA code
38940
CBSA name
PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,588
$50,700
$1,269,300
$1,320,000
-
$50,700
$1,269,300
$1,320,000
More about this property
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