3500 Enterprise RdFort Pierce, FL 34982

Property Details for 3500 Enterprise Rd

Year built

1971

Construction

METAL FRAME

Lot size

7.67 AC

Property size (Sq ft)

38,994 SF

Zone code

LIGHT INDU

Property type

Warehouses

APN

2428-502-0027-000-6

APU

242850200270006

Description

This exceptional 56,834-square-foot industrial property in Fort Pierce, Florida, presents a rare leasing opportunity. Situated on 7.67 acres and zoned I-1 Industrial Light (APN 2428-502-0027-000-6, St Lucie County), this single-tenant facility boasts a versatile design ideal for cold storage, warehouse, and distribution operations. The building includes 14,120 square feet of dedicated cold storage space, complemented by 3,720 square feet of climate-controlled warehouse area. Seven dock-high doors and a dual-sided loading platform ensure efficient loading and unloading. Ample 3-phase power is available. A substantial 14,100+ square foot canopy provides additional covered space. Strategically located on Enterprise Road with access from Oleander Avenue, this property offers easy access to I-95, the Florida Turnpike, and major roadways like 25th Street and US-1, providing seamless connectivity throughout the Treasure Coast and beyond. This is a prime location for businesses seeking efficient logistics and distribution capabilities.

• CAP approach

  CAP return

  Valuation

  6%

  $32,295,200

  6.5%

  $29,811,000

  7%

  $27,681,600

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,903,900

  Geo Method

  $15,903,900

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $15,382,100

  Mixed-Use / Specialty

  $15,402,300

  Hospitality / Lodging

  $11,397,800

  Office

  $15,388,900

  Institutional / Educational

  $16,039,000

  Residential Income

  $18,765,600

  Multifamily

  $22,090,600

  Automotive / Energy

  $13,747,700

  Parking / Income-Based Land

  $4,670,050

  Restaurant / Food Service

  $8,170,960

  Healthcare / Senior Housing

  $15,717,800

Location Insight

City

Fort Pierce

County

St. Lucie

State

Florida

Latitude

27.398

Longitude

-80.3364

CBSA code

38940

CBSA name

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

Property Tax & Assessments

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