5890 S US Highway 1 - Commercial LAND FOR SALE


Fort Pierce, FL 34982- Indian River Estates284,447 SF
$3,650,000 USD
772-777-0526
5890 S US Highway 1, Fort Pierce, FL for Sale
$3,650,000 USD
Commercial LAND - FOR SALE
1/2
284,447 SF

5890 S US Highway 1
Fort Pierce, FL 34982
Indian River Estates


OVERVIEW

Project is 24 months along in the preconstruction process, meaning 24 months closer to revenue. · It is engineered and permitted for 137 bays of fully enclosed storage. At $1,100 per month per bay, that is a monthly revenue of just over $150k per month. Along with 4600 square foot office space / storage space that can also be rented for personal storage. · Located on one of three roads in Saint Lucie County permitted for a billboard. Revenue from a billboard is estimated at $35k per month. · There aren't any objections for our project as presented to FDOT. · Utility companies have expressed no objections to the project. · $300K+ invested in engineering, permitting fees, surveying fees, ecological impact survey fees. Wildlife and tree impact and survey fees. Tree mitigation fees. · Three lanes of South bound traffic and three lanes of North bound traffic, over 32 thousand cars a day according to an FDOT 2022 traffic study.

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/ACRE

$558,958/AC

PRICE/SF

$13 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Unknown

LAND ACRES

6.53 AC

LAND SF

284,447 SF

OFFSITE IMPROVEMENTS

-

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Juan AlarconR.T Commercial Real Estate, LLC.More Info
772-777-0526

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Juan AlarconR.T Commercial Real Estate, LLC.More Info
772-777-0526

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