2810 S US Highway 1 - Storefront FOR SALE


Fort Pierce, FL 34982- Indian River Estates
$20,800,000 USD
305-235-1500
2810 S US Highway 1, Fort Pierce, FL for Sale
$20,800,000 USD
Storefront - FOR SALE
1/43
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2810 S US Highway 1
Fort Pierce, FL 34982
Indian River Estates


HIGHLIGHTS

  • REQUEST ACCESS TO FULL OM FOR MORE DETAILS
  • 74,226 SF Total Building Size on 4.33 Acre Campus - Currently Built Out as a K-12 School for Turnkey Facility for Education User.
  • Capacity for up to 1,000 Students - City Funding of ~$8,300/Student/yr!
  • High-End Commercial Kitchen, Recording Studio, Salon Studio, Veterinary Lab, Full Gymnasium, and over $2M in Top-Tier Classroom Equipment & Furniture.
  • Zoning Already Permits School Use - Difficult to Obtain in this Market! Primed for Future Redevelopment Potential.
  • 433 Feet of Frontage on US Hwy 1 Seeing Over 30,000 Vehicles Per Day, Growing Residential Demographic with 20% Population Growth Expected in 5 yrs!

OVERVIEW

Lee & Associates is pleased to present a unique commercial offering tailored for educational or institutional use, located directly along S US Highway 1 in Fort Pierce, Florida. This 74,226 SF, single-story, turnkey educational facility sits on 4.33 acres and is currently configured as a Magnet K–12 school. Built in 1983, the property features 433 feet of highway frontage, excellent visibility, and 305 surface parking spaces, equating to a strong parking ratio of 4.10/1,000 SF—ideal for high-traffic, student serving operations. Over the years, the school has undergone significant renovations and capital improvements including a high-end commercial kitchen for culinary instruction, a recording studio, salon training facilities, a veterinary tech training lab, a full gymnasium, state-of-the-art teaching equipment and furnishings valued at nearly $2 million. The property is zoned C3, with school use already permitted, eliminating the need for time-consuming zoning approvals that are increasingly difficult to obtain in this market. This makes the site a prime opportunity for an educational operator seeking immediate occupancy with future redevelopment potential. The current zoning allows for up to 1,000 students, and the City provides approximately $8,300 per student in annual funding, presenting a strong operational foundation for charter or private school operators. Strategically located in the Port St. Lucie submarket, the property benefits from prime visibility on US-1, with over 30,000 vehicles per day, and is just 4.5 miles to I-95 and 5.5 miles to Florida’s Turnpike. The surrounding area is experiencing rapid growth, with projected 20%+ population and household increases in the next five years within a 3-mile radius. Its proximity to Midway Road and other major thoroughfares ensures easy access from both Fort Pierce and Port St. Lucie.

FOR SALE DETAILS

PRICE

$20,800,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

2810 US Hwy 1, Fort Pierce, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

305

LAND DETAILS

LAND ACRES

4.33 AC

LAND SF

188,615 SF

ZONING

C3

APN/PARCEL ID

24-22-314-0004-0004

ASK ABOUT THIS PROPERTY

Sebastian MisiewiczLee & AssociatesMore Info
305-235-1500

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Sebastian MisiewiczLee & AssociatesMore Info
305-235-1500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.