6900 Heritage DrPort St. Lucie, FL 34952

Property Details for 6900 Heritage Dr

Year built

1989

Construction

CONCRETE BLOCKS

Lot size

1.34 AC

Property size (Sq ft)

4,500 SF

Zone code

COMM GENRA

Property type

Retail properties

Property subtype

Other automotive properties

APN

3415-702-0012-000-5

APU

341570200120005

Description

This exceptional Port St. Lucie investment opportunity presents a two-unit flex building totaling 4,500 square feet, ideally situated at 6900 Heritage Drive, 34952. Constructed in 1989, this concrete block structure offers two independent units, each boasting four 10x12 bay doors and dedicated office space. The property's strategic location provides convenient access to US Highway 1, enhancing its appeal and accessibility. Beyond the building, a significant advantage lies in the approximately 3-4 acre secure outdoor storage area. This expansive space is fully fenced, gated, and illuminated, providing added security and versatility. Currently, the units are occupied by month-to-month tenants, presenting an immediate opportunity for a new owner to establish longer-term leases. Preliminary lease negotiations suggest a potential net monthly income of approximately $7,500. This property is well-suited for an investor seeking strong rental returns or an owner-user looking to combine operational space with income generation. The combination of the building's functional layout, ample outdoor storage, and prime location makes this a compelling investment prospect in the thriving Port St. Lucie market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,336,482

  6.5%

  $2,156,752

  7%

  $2,002,698

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,890,680

  Geo Method

  $2,890,680

• Alternative Use

  Use

  Valuation

  Residential

  $1,819,301

  Hospitality

  $1,666,470

  Educational

  $1,386,484

  Medical

  $1,434,167

  Retail

  $2,156,752

Location Insight

City

Fort Pierce

County

St. Lucie

State

Florida

Latitude

27.3393

Longitude

-80.3273

CBSA code

38940

CBSA name

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

Property Tax & Assessments

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