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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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3901 Orange Ave , Fort Pierce, FL 34947
$2,500,000
Est. Payment: $5,555.56/mo
0 Bed
0 Bath
9060 Sqft
Status: Active | Days on site: 152
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FAUS01 - 3634365
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House Description

Mixed-use investment on 1.45 AC CG-zoned parcel at I-95 Exit 131 in Fort Pierce. 9,060 SF total: 24-hour multi-bay car wash (vacant, equipment in place) plus 5-bay retail strip. Four bays leased (coin laundry thru 8/2027 w/4% annual increases, church in two bays thru 8/2028 w/5% increases, salon MTM) generating $105,264/yr current income. Vacant second-generation restaurant bay includes full commercial kitchen with hood, range, fryers and refrigeration. Approx. 17,500 vehicles/day on Orange Ave frontage plus 72,400 vehicles/day I-95 exposure (FDOT 2023). Projected pro forma NOI approx. $152,876/yr after 5% vacancy and 2% reserves at owner-provided rents, a projected 6.1% cap at list. Strong fit for owner-operator (retail rent offsets carry), value-add investor (lease-up plus approx. 28% mark-to-market on occupied bays), or long-term hold with redevelopment optionality. CG zoning allows automotive, retail, office, restaurant, hotel. Seller financing available.

Highlights

Listed by Benjamin Kunzle , 754-204-8236 Fausto Commercial Realty Consultants Inc , 786-748-7373.

Property Type

Commercial Sale

Lot/Acreage
1.57

Year Built

2008

County

St Lucie

Area

7010

Listing ID

A12049784

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:General
Principal Interest
$5,556
Taxes
$2,525

Home Price

$2,500,000

Loan Details

30 yrs
%

Down Payment

20%
$500,000
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Monthly Price:
$5,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,555.56 $2,524.67 $0.00 $8,080.22
Yearly $66,666.67 $30,296.00 $0.00 $96,962.67
Total $2,000,000.00 $908,880.00 $0.00 $2,908,880.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Fort Pierce, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.