2525 Center RdFort Pierce, FL 34946

  • Sports & entertainment properties
  • 1,848 SF
For Sale
$6,500,000 View listing

Property Details for 2525 Center Rd

Year built
1990
Construction
CONCRETE BLOCKS
Lot size
54.29 AC
Property size (Sq ft)
1,848 SF
Zone code
PLANNED NO
Property type
Sports & entertainment properties
Property subtype
Race tracks
APN
1431-130-0000-010-0
APU
143113000000100

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $798,032
    Hospitality
    $730,993
    Educational
    $608,177
    Medical
    $629,093
    Retail
    $946,054
2525 Center Rd, Fort Pierce, Florida

Location Insight

City
Fort Pierce
County
St. Lucie
State
Florida
Latitude
27.4787
Longitude
-80.375
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
$48,687
$3,257,400
$119,400
$3,376,800
-
$3,257,400
$119,400
$3,376,800

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