8355 Orange AveFort Pierce, FL 34945

Property Details for 8355 Orange Ave

Year built

2007

Construction

FRAME

Lot size

1.83 AC

Property size (Sq ft)

1,288 SF

Zone code

COMM OFFIC

Property type

Office buildings

APN

2311-312-0001-000-6

APU

231131200010006

Description

This exceptional commercial property, located at 8355 Orange Ave in Fort Pierce, Florida, presents a unique investment opportunity. The property encompasses a 2,488 square foot single-tenant office building situated on a generous 1.83-acre lot. Built in 1959 and renovated in 2007, the building features a single story with a 10-foot ceiling height. The property's zoning is CO, Commercial Office, providing flexibility for various business uses. The convenient location just west of the I-95 interchange along heavily traveled Orange Avenue ensures high visibility and accessibility. The property includes a modular office building and a smaller storage building, totaling 2,488 square feet of usable space. The ample lot size offers significant potential for future expansion or development. The property's APN is 2311-312-0001-000-6, and it is located in St. Lucie County, Florida, zip code 34945. This Class C property represents a solid investment opportunity in a thriving Florida market. The single-tenant occupancy simplifies management, and the substantial land area provides considerable long-term potential. This is an ideal property for investors seeking a well-located, established commercial asset with room for growth.

• CAP approach

  CAP return

  Valuation

  6%

  $454,934

  6.5%

  $419,939

  7%

  $389,943

• Comparable approach

  Method

  Valuation

  Relative Method

  $328,324

  Geo Method

  $328,324

• Alternative Use

  Use

  Valuation

  Residential

  $520,724

  Hospitality

  $476,981

  Educational

  $396,842

  Medical

  $410,490

  Retail

  $617,310

Location Insight

City

Fort Pierce

County

St. Lucie

State

Florida

Latitude

27.447

Longitude

-80.4102

CBSA code

38940

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].