$2,499,000
For Sale

5180 Turnpike Feeder Road #1-15

Fort Pierce, FL 34951
9672 sqft | #RX-10879706
Type:Purchase
Structure:Retail
Zone:Commercial

Description

LAKEWOOD PARK PLAZA has established upside potential. One way to maximize the upward potential of this fast-growing commercial plaza is to focus on the diverse tenant mix. You can increase foot traffic and keep the demand for any vacant rental space by attracting different demographics and needs.
The upside in the past five years has boosted rents, while most tenants remain; they are being brought up to market rent.
Fort Pierce has become an economic development area. Turnpike Feeder Road's connection to I95 makes it a central hub and continues fast-growing communities. This plaza sits directly in the heart of the road.
Tenants remain and continue to grow their business.
Additionally, investing in amenities like green space and seating could enhance community events and keep The upside is that this Plaza is already established.

  • Interior Details
      • CoolingCentral Individual
  • Property Details
      • Square Feet9672
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1981
    • Material information
      • RoofComposition
  • Community and Neighborhood Details
      • SubdivisionLAKEWOOD PARK UNIT 12A
    • Location
      • CountySt. Lucie
      • ZoningCommNe
  • Financial Details
      • Original List Price$3,195,000
      • Taxes Annual$14,764
  • Other
      • MLS #RX-10879706

Location

Lisa StewartReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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