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5900 Tedder Rd 41,812 SF Specialty Building Offered at $9,100,000 in Fort Pierce, FL 34947
INVESTMENT HIGHLIGHTS
- REQUEST ACCESS TO THE FULL OM FOR MORE DETAILS!
- Student capacity of up to 450 Students - State-funded revenue of ~$8,300/student annually.
- Zoning permits school use by right – difficult to obtain in current market! Potential for future redevelopment
- Three-building campus layout with classrooms, administrative offices, and gymnasium.
- Turnkey condition with upgraded furniture and equipment, brand-new bleachers (~$100K value), large bus drop-off/loading area & parking lot.
- Excellent access off I-95 and Okeechobee Rd, growing residential demographic with 20% population growth expected in the next 5 years!
EXECUTIVE SUMMARY
Lee & Associates presents a rare owner-user or investor opportunity at 5900 Tedder Road in Fort Pierce, FL—a fully renovated, turnkey educational facility spanning 41,812 SF on an expansive 15-acre parcel. This single-story masonry school facility features upgraded interiors, full air conditioning, and efficient floor plans ideal for vocational, charter, or specialty school use.
The campus includes a large recreation hall/gymnasium with brand-new bleachers valued at approximately $100,000, and is configured to support a student capacity of up to 450. As an added financial incentive, the State provides annual funding of approximately $8,300 per enrolled student, presenting a strong recurring revenue model for qualified operators.
With 98 surface parking spaces and a zoning designation that already permits school use—an entitlement that’s increasingly difficult to obtain—this offering is ideally suited for an educational operator seeking immediate occupancy without zoning hurdles.
Strategically located in the Fort Pierce submarket, the property is less than half a mile from I-95 and Okeechobee Road, providing excellent regional connectivity. It benefits from significant traffic exposure, with nearby roadways seeing over 65,000 vehicles per day. The surrounding area is experiencing notable demographic growth, with projected population increases of over 20% in the next five years, making this an attractive long-term investment for institutional users seeking growth and stability in a high-demand, underserved market.
The campus includes a large recreation hall/gymnasium with brand-new bleachers valued at approximately $100,000, and is configured to support a student capacity of up to 450. As an added financial incentive, the State provides annual funding of approximately $8,300 per enrolled student, presenting a strong recurring revenue model for qualified operators.
With 98 surface parking spaces and a zoning designation that already permits school use—an entitlement that’s increasingly difficult to obtain—this offering is ideally suited for an educational operator seeking immediate occupancy without zoning hurdles.
Strategically located in the Fort Pierce submarket, the property is less than half a mile from I-95 and Okeechobee Road, providing excellent regional connectivity. It benefits from significant traffic exposure, with nearby roadways seeing over 65,000 vehicles per day. The surrounding area is experiencing notable demographic growth, with projected population increases of over 20% in the next five years, making this an attractive long-term investment for institutional users seeking growth and stability in a high-demand, underserved market.
PROPERTY FACTS
AMENITIES
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 23-24-113-0002-0002 | Improvements Assessment | $1,343,300 |
| Land Assessment | $550,900 | Total Assessment | $1,894,200 |
PROPERTY TAXES
Parcel Number
23-24-113-0002-0002
Land Assessment
$550,900
Improvements Assessment
$1,343,300
Total Assessment
$1,894,200
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5900 Tedder Rd
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