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4696 Okeechobee Rd 3,959 SF Retail Building Fort Pierce, FL 34947 $3,300,000 ($833.51/SF) 6.36% Cap Rate
Investment Highlights
- Property available for sale or lease
- Spacious Lot: 0.76-acre property with ample space for additional amenities like a convenience store or car wash.
- High Accessibility: Easy entry and exit, with strategic positioning to attract commuters, locals, and visitors.
- Prime Location: Situated along Okeechobee Road in Fort Pierce, FL, with excellent visibility and high daily traffic.
- Nearby Retailers: Close to Walmart, Tractor Supply, and other major businesses, ensuring steady customer flow.
- Turnkey Opportunity: Well-maintained property, ready for immediate use or redevelopment.
Executive Summary
Turnkey Opportunity: This property is primed and ready for immediate use as a gas station or redevelopment into another commercial venture. The existing infrastructure, including 8 fuel pumps and a 679 SF building, provides a strong foundation for your business operations. This property comes with a 15 year NNN tenant in place. 2% annual increase with all new gas pumps and build.
High-Visibility Location: Situated along the heavily trafficked Okeechobee Road in Fort Pierce, FL, the property benefits from significant exposure to daily commuters and local residents, ensuring steady customer traffic.
Flexible Commercial Zoning: General Commercial zoning allows for a wide variety of uses, including retail, convenience stores, or food service, making this a versatile investment.
Proximity to Major Retailers: Located near established businesses such as Walmart and Tractor Supply, this property is ideally positioned to capture a consistent customer base.
Growth Potential: Fort Pierce is a growing city with an engaged community, vibrant downtown, and ongoing development, creating a strong market for commercial ventures.
Ample Lot Size: The spacious 0.76-acre lot provides flexibility for additional features, such as expanded parking, a car wash, or new service offerings to maximize revenue.
Built-In Demand: With its strategic location and ready-to-use infrastructure, this property offers immediate potential for strong returns in a thriving market.
High-Visibility Location: Situated along the heavily trafficked Okeechobee Road in Fort Pierce, FL, the property benefits from significant exposure to daily commuters and local residents, ensuring steady customer traffic.
Flexible Commercial Zoning: General Commercial zoning allows for a wide variety of uses, including retail, convenience stores, or food service, making this a versatile investment.
Proximity to Major Retailers: Located near established businesses such as Walmart and Tractor Supply, this property is ideally positioned to capture a consistent customer base.
Growth Potential: Fort Pierce is a growing city with an engaged community, vibrant downtown, and ongoing development, creating a strong market for commercial ventures.
Ample Lot Size: The spacious 0.76-acre lot provides flexibility for additional features, such as expanded parking, a car wash, or new service offerings to maximize revenue.
Built-In Demand: With its strategic location and ready-to-use infrastructure, this property offers immediate potential for strong returns in a thriving market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
3,959 SF
Building Class
B
Year Built
1991
Price
$3,300,000
Price Per SF
$833.51
Cap Rate
6.36%
NOI
$210,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.74 AC
Zoning
GENERAL CO - Commercial
Parking
4 Spaces (1.01 Spaces per 1,000 SF Leased)
Frontage
130’ on Okeechobee Rd
Amenities
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Property Taxes
| Parcel Number | 24-19-122-0001-0200 | Improvements Assessment | $266,600 |
| Land Assessment | $656,700 | Total Assessment | $923,300 |
Property Taxes
Parcel Number
24-19-122-0001-0200
Land Assessment
$656,700
Improvements Assessment
$266,600
Total Assessment
$923,300
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4696 Okeechobee Rd
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