2401 Frist BlvdFort Pierce, FL 34950

Property Details for 2401 Frist Blvd

Year built

2000

Construction

CONCRETE BLOCKS

Lot size

0.95 AC

Property size (Sq ft)

7,866 SF

Zone code

OFFICE CO

Property type

Office buildings

APN

2416-702-0002-000-2

APU

241670200020002

Description

This exceptional 2,500 square foot Class A medical office building presents a unique investment opportunity. Situated in an established medical hub adjacent to major hospitals specializing in trauma, stroke, and cardiac care, this single-tenant property offers unparalleled convenience and access to a high concentration of medical professionals. The space is ideally suited for a medical practice or a collaborative coworking environment, catering to the needs of various medical professionals. The building features a reception/waiting area and a kitchen, enhancing functionality and patient experience. Its strategic location ensures rapid emergency response, thanks to its proximity to the fire department. Ample parking is available, addressing the needs of both staff and patients. The property is zoned OFFICE CO and boasts a convenient single-tenant occupancy. This is a rare chance to establish or expand a medical practice within a thriving medical community, benefiting from the synergy and resources of a well-established medical center. The property's features, combined with its prime location, make it an attractive option for those seeking a high-quality, functional, and conveniently located medical office space. The APN is 241670200040006.

• CAP approach

  CAP return

  Valuation

  6%

  $2,967,001

  6.5%

  $2,738,770

  7%

  $2,543,144

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,005,122

  Geo Method

  $2,005,122

• Alternative Use

  Use

  Valuation

  Residential

  $3,396,075

  Hospitality

  $3,110,787

  Educational

  $2,588,138

  Medical

  $2,677,148

  Retail

  $4,025,992

Location Insight

City

Fort Pierce

County

St. Lucie

State

Florida

Latitude

27.4316

Longitude

-80.3484

CBSA code

38940

CBSA name

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

Property Tax & Assessments

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