5180 Turnpike Feeder RdFort Pierce, FL 34951

  • Community centers
  • 3,272 SF
For Lease
$1.49/SF/YR View listing

Property Details for 5180 Turnpike Feeder Rd

Year built
1981
Construction
CONCRETE BLOCKS
Lot size
1.07 AC
Property size (Sq ft)
3,272 SF
Zone code
COMM NEIGH
Property type
Community centers
APN
1301-615-0079-000-9
APU
130161500790009

Description

This exceptional 9,672 square foot retail space is ideally located at 5180 Turnpike Feeder Road in Fort Pierce, Florida, zip code 34951. The property is zoned CommNe and features a single-tenant occupancy. The building sits on a lot with no recorded square footage. Its convenient location offers excellent visibility and accessibility, benefiting from good parking and high traffic flow. This makes it an attractive opportunity for businesses seeking a prominent presence in a busy commercial area. The property's single-tenant configuration provides simplicity and ease of management. The address is easily accessible from the Turnpike Feeder Road, ensuring high visibility and convenient access for customers. This retail space presents a unique opportunity for businesses looking to establish or expand their operations in a thriving Fort Pierce market. The property's location within an established plaza further enhances its appeal, offering potential for synergy and shared customer base. The APN is 130161500790009. This is a single-suite building, offering a streamlined and efficient layout. Serious inquiries are encouraged to explore this promising investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,873,358
    6.5%
    $1,729,254
    7%
    $1,605,736
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,101,845
    Geo Method
    $2,101,845
  • Alternative Use

    Use
    Valuation
    Residential
    $1,458,690
    Hospitality
    $1,336,152
    Educational
    $1,111,663
    Medical
    $1,149,895
    Retail
    $1,729,254

Location Insight

City
Fort Pierce
County
St. Lucie
State
Florida
Latitude
27.5291
Longitude
-80.3921
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
$14,928
$102,300
$813,600
$915,900
-
$102,300
$813,600
$915,900

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