5501 Orange Ave 7,904 SF 100% Leased Flex Building Fort Pierce, FL 34947 $9,850,000 ($1,246.20/SF)

100% LEASED!! 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