3100 Kings HwyFort Pierce, FL 34951

Property Details for 3100 Kings Hwy

Year built

1994

Construction

METAL FRAME

Lot size

1.63 AC

Property size (Sq ft)

5,080 SF

Zone code

COMM GENRA

Property type

Manufacturing properties

APN

1325-322-0002-000-4

APU

132532200020004

Description

This exceptional 5,460-square-foot warehouse, situated on a 1.64-acre lot in Fort Pierce, Florida, presents a compelling owner-user opportunity. Built in 1994 and renovated in 2017, this Class C industrial property boasts a desirable location along the burgeoning Kings Highway corridor in St. Lucie County. The warehouse features approximately 700 square feet of high-quality office space, complemented by open warehouse space with an impressive 18-foot clear height ceiling. Three 12x12 roll-up dock high doors provide convenient access, while LED lighting and three-phase electrical service enhance functionality. Additional features include a mezzanine and covered canopies for extra storage. The expansive lot offers significant potential for expansion, additional warehousing, or material storage. Site improvements include ample parking, a wraparound asphalt drive, a large rear paved pad, full property fencing, a gated entry, and exterior security lighting. The property is zoned CG, General Commercial Saint Lucie County, and includes a high-end water filtration system. The asking price is $2,100,000, translating to $384.62 per square foot. This property offers a unique blend of existing infrastructure and future development potential in a rapidly growing area. Eight parking spaces are available.

• CAP approach

  CAP return

  Valuation

  6%

  $4,207,370

  6.5%

  $3,883,720

  7%

  $3,606,310

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,071,910

  Geo Method

  $2,071,910

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $2,003,960

  Mixed-Use / Specialty

  $2,006,600

  Hospitality / Lodging

  $1,484,910

  Office

  $2,004,870

  Institutional / Educational

  $2,089,550

  Residential Income

  $2,444,780

  Multifamily

  $2,877,910

  Automotive / Energy

  $1,791,040

  Parking / Income-Based Land

  $608,405

  Restaurant / Food Service

  $1,064,520

  Healthcare / Senior Housing

  $2,047,700

Location Insight

City

Fort Pierce

County

St. Lucie

State

Florida

Latitude

27.4904

Longitude

-80.398

CBSA code

38940

CBSA name

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

Property Tax & Assessments

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