1501 31St StFort Pierce, FL 34947

Property Details for 1501 31St St

Year built

1990

Construction

CONCRETE BLOCKS

Lot size

1.03 AC

Property size (Sq ft)

3,276 SF

Zone code

GENERAL CO

Property type

Office buildings

APN

2417-505-0023-000-3

APU

241750500230003

Description

This exceptional freestanding flex building, situated on a 1.03-acre lot in Fort Pierce, Florida, presents a unique investment opportunity. The 3,276 square foot single-story structure boasts a blend of air-conditioned office space and a spacious warehouse area, perfectly suited for a variety of businesses. The property features eight dock-high loading doors with roll-up capabilities, streamlining loading and unloading operations. Security is enhanced by a fully fenced yard with three access gates, providing flexibility and control. Built in 1990, this building is zoned C-3 and is conveniently located in St. Lucie County, just 2.4 miles from I-95 and 2.8 miles from US-1, offering excellent access to major transportation arteries. The ample yard space provides additional storage capacity, complementing the substantial interior warehouse area. This single-tenant property offers a compelling combination of functionality, accessibility, and security, making it an ideal investment for discerning buyers seeking a versatile commercial space in a prime location. The address is 1501 S 31st St, Fort Pierce, FL 34947.

• CAP approach

  CAP return

  Valuation

  6%

  $1,235,864

  6.5%

  $1,140,797

  7%

  $1,059,312

• Comparable approach

  Method

  Valuation

  Relative Method

  $835,085

  Geo Method

  $835,085

• Alternative Use

  Use

  Valuation

  Residential

  $1,414,588

  Hospitality

  $1,295,755

  Educational

  $1,078,053

  Medical

  $1,115,129

  Retail

  $1,676,972

Location Insight

City

Fort Pierce

County

St. Lucie

State

Florida

Latitude

27.4334

Longitude

-80.3567

CBSA code

38940

CBSA name

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

Property Tax & Assessments

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