2007 Okeechobee RdFort Pierce, FL 34950

  • Office properties
  • 3,399 SF
For Lease
$14/SF/YR View listing

Property Details for 2007 Okeechobee Rd

Year built
1955
Construction
CONCRETE BLOCKS
Lot size
0.50 AC
Property size (Sq ft)
3,399 SF
Zone code
GENERAL CO
Property type
Office properties
Property subtype
Office buildings
APN
2409-712-0090-000-4
APU
240971200900004

Description

This exceptional Fort Pierce, Florida commercial property, located at 2007 Okeechobee Rd, zip code 34950, presents a rare opportunity. The Okeechobee Office Warehouse Complex boasts a total of 10,943 square feet across two single-story buildings situated on a 1.5-acre lot. The property features two suites, with one currently available, offering 7,594 square feet of versatile space ideal for a variety of industrial or office uses. Benefitting from a highly visible location directly on Okeechobee Road, the complex provides 383 linear feet of frontage, ensuring excellent exposure. Recent renovations include fresh interior and exterior paint, along with new signage, enhancing the property's curb appeal. Ample parking is available, and the property enjoys convenient access to major highways. The property is zoned for General Commercial use and is served by Florida Power and Light. This St. Lucie County property, within the Fort Pierce submarket, offers a compelling combination of location, size, and recent improvements, making it an attractive investment opportunity. The property's address is 2007 Okeechobee Rd, Fort Pierce, FL 34950.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,323,723
    6.5%
    $1,221,898
    7%
    $1,134,620
  • Comparable approach

    Method
    Valuation
    Relative Method
    $866,439
    Geo Method
    $866,439
  • Alternative Use

    Use
    Valuation
    Residential
    $1,515,153
    Hospitality
    $1,387,872
    Educational
    $1,154,694
    Medical
    $1,194,405
    Retail
    $1,796,190
2007 Okeechobee Rd, Fort Pierce, Florida

Location Insight

City
Fort Pierce
County
St. Lucie
State
Florida
Latitude
27.4405
Longitude
-80.3449
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
$4,259
$87,900
$152,700
$240,600
-
$87,900
$152,700
$240,600

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