1811 25Th StFort Pierce, FL 34947

Property Details for 1811 25Th St

Year built

1987

Construction

WOOD

Lot size

1.35 AC

Property size (Sq ft)

8,128 SF

Zone code

OFFICE CO

Property type

Office buildings

APN

2417-803-0080-000-5

APU

241780300800005

Description

Exceptional investment opportunity: a fully operational, Class A, 8,128 square foot outpatient surgical center located at 1811 S 25th Street, Fort Pierce, FL 34947. This 1-story, single-unit facility, built in 1987 and extensively renovated in 2008 and 2022, boasts 100% occupancy until December 30, 2024. The property features three operating rooms, a lab, three prep beds, five PACU beds, two step-down beds, a scrub room, locker room, large reception area, private offices, kitchen, storage rooms, and a backup power generator. With 71 parking spaces and situated on approximately 1.35 acres (lot size not specified), this center is ideally positioned across from HCA Florida-Lawnwood Regional Medical Center, providing excellent visibility and access to a large patient base. The property is zoned Commercial-Office, C-1, and offers convenient access to US1, I-95, and Florida's Turnpike. The asking price is $3,995,000, translating to $491.51 per square foot based on the 9,013 net rentable square feet. This turnkey operation is perfect for medical professionals seeking a high-performing, established facility in a rapidly growing area. The current configuration is suited for gastroenterology, but the versatile layout is also ideal for orthopedic surgery, ophthalmology, pain management clinics, and other outpatient services.

• CAP approach

  CAP return

  Valuation

  6%

  $3,066,342

  6.5%

  $2,830,469

  7%

  $2,628,293

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,071,908

  Geo Method

  $2,071,908

• Alternative Use

  Use

  Valuation

  Residential

  $3,509,782

  Hospitality

  $3,214,941

  Educational

  $2,674,794

  Medical

  $2,766,784

  Retail

  $4,160,790

Location Insight

City

Fort Pierce

County

St. Lucie

State

Florida

Latitude

27.4303

Longitude

-80.3508

CBSA code

38940

CBSA name

PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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