1800 Okeechobee RdFort Pierce, FL 34950

  • Office buildings
  • 8,870 SF
For Lease
$1.76/SF/YR View listing

Property Details for 1800 Okeechobee Rd

Year built
1964
Construction
CONCRETE BLOCKS
Lot size
0.62 AC
Property size (Sq ft)
8,870 SF
Zone code
GENERAL CO
Property type
Office buildings
APN
2409-712-0038-000-2
APU
240971200380002

Description

This exceptional creative office space, located at 1800 Okeechobee Road in Fort Pierce, Florida, 34950, offers 2,000 square feet of recently renovated space within a larger 8,870 square foot building. The property is zoned General and features ample parking. This is a co-tenancy lease arrangement with St. Fort Funeral Home, which occupies the majority of the building. The available space is accessible six days a week

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,345,944
    6.5%
    $3,088,563
    7%
    $2,867,952
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,261,052
    Geo Method
    $2,261,052
  • Alternative Use

    Use
    Valuation
    Residential Income
    $3,829,818
    Hospitality / Lodging
    $3,508,093
    Institutional / Educational
    $2,918,692
    Healthcare / Senior Housing
    $3,019,071
    Retail / Commercial
    $4,540,188

Location Insight

City
Fort Pierce
County
St. Lucie
State
Florida
Latitude
27.4428
Longitude
-80.343
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
$16,792
$109,600
$768,400
$878,000
-
$109,600
$768,400
$878,000

FAQs

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