5501 Orange Ave - Light Distribution FOR SALE


Fort Pierce, FL 34947- Outer Fort Pierce
$9,850,000 USD
772-473-0826
5501 Orange Ave, Fort Pierce, FL for Sale
$9,850,000 USD
Light Distribution - FOR SALE
1/30
null | Request Cap Rate

5501 Orange Ave
Fort Pierce, FL 34947
Outer Fort Pierce


HIGHLIGHTS

  • Situated just 3/4 of a mile east of I-95
  • Signalized entry at Orange Ave and Jenkins Rd.
  • New 7-Eleven Gas & Convenience Market Site Under Construction
  • Easy access at a lighted intersection combined with unbeatable visibility ensure a most convenient customer experience.

OVERVIEW

Orange Crossings, located at 5501 Orange Ave, Ft. Pierce, FL 34947, is a 17.09-acre General Commercial zoned property boasting prime development potential. Situated just 3/4 of a mile east of I-95 on Orange Avenue, the property enjoys convenient access to both Orange Avenue and Jenkins Road. Its strategic location makes it an ideal spot for warehousing, outside storage, or a combination of industrial ventures. With its proximity to major transportation routes and its ample acreage, Orange Crossings presents an attractive opportunity for General Commercial development in St. Lucie County. For a quick sale and to offset carrying costs during the entitlement process, you could explore two potential sources of income from the Orange Crossings property: We recently renewed the Lease with one tenant, and brought on a New Tenant for 2 sources of income while you Navigate the Entitlement process. There is a Third Opportunity for a Lease Agreement to complete the Income Streams. With a projected income of $468,000 per year from these sources: 5.5 Acre Parcel for lease one the East side 4.98 Acre Parcel for lease on the West side

FOR SALE DETAILS

PRICE

$9,850,000 USD

PRICE/SF

$1,246 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Storefront Retail/Office, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

17.09

LAND SF

744,440

ZONING

Commercial General

APN/PARCEL ID

2407-701-0001-000-4

ASK ABOUT THIS PROPERTY

Frank StrazzullaColdwell Banker Commercial ParadiseMore Info
772-473-0826

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Frank StrazzullaColdwell Banker Commercial ParadiseMore Info
772-473-0826

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.