4150 Okeechobee RdFort Pierce, FL 34947

Property Details for 4150 Okeechobee Rd

Year built

1987

Construction

CONCRETE BLOCKS

Lot size

1.72 AC

Property size (Sq ft)

7,592 SF

Zone code

GENERAL CO

Property type

Office properties

Property subtype

Office buildings

APN

2418-443-0001-000-7

APU

241844300010007

Description

This ±2,100 square foot commercial space is situated in a prime Fort Pierce location within a vibrant business park. The property, part of an inline plaza, enjoys exceptional visibility and accessibility on Okeechobee Road, boasting approximately 37,000 average annual daily traffic. Its strategic placement next to PNC Bank and the newly renovated 480,000 square foot Renaissance Business Park ensures high traffic flow and brand recognition opportunities. The single-story building features quality construction, attractive landscaping, and ample parking, catering to the needs of both tenants and their clients. Zoned C-3, this versatile space is ideal for medical offices, retail businesses, or professional services. The 1.72-acre lot offers significant potential. Convenient access to major roadways, including the Florida Turnpike, I-95, and SR 70, enhances its appeal and accessibility for employees and customers alike. This is a rare opportunity to secure a well-located, high-visibility commercial space in a thriving area of St. Lucie County, Florida. The property's multiple tenancy allows for flexibility in lease terms and tenant mix. The space is currently vacant, providing immediate occupancy for the right tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $2,772,031

  6.5%

  $2,558,798

  7%

  $2,376,027

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,935,277

  Geo Method

  $1,935,277

• Alternative Use

  Use

  Valuation

  Residential

  $3,172,910

  Hospitality

  $2,906,368

  Educational

  $2,418,064

  Medical

  $2,501,225

  Retail

  $3,761,433

Location Insight

City

Fort Pierce

County

St. Lucie

State

Florida

Latitude

27.4259

Longitude

-80.3683

CBSA code

38940

CBSA name

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

Property Tax & Assessments

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