4204 Okeechobee Rd - Industrial FOR SALE


Fort Pierce, FL 34947- Outer Fort Pierce
$8,500,000 USD
954-245-3474
4204 Okeechobee Rd, Fort Pierce, FL for Sale
$8,500,000 USD
Industrial - FOR SALE
1/5
null | Request Cap Rate

4204 Okeechobee Rd
Fort Pierce, FL 34947
Outer Fort Pierce


HIGHLIGHTS

  • Large-Scale Industrial Opportunity: ±140,000 SF industrial building on ~12-acre site, delivered in shell condition, allowing full customization.
  • Strategic Location & Access: Frontage along Okeechobee Road, minutes from Interstate 95 / Florida’s Turnpike.
  • Adjacent to Established Business Park: Directly connected to Renaissance Business Park (±360,000 SF).
  • Emerging Industrial Growth Corridor: Ongoing construction and tenant demand underscore the region’s emergence as a cost competitive industrial hub.

OVERVIEW

Marcus & Millichap is pleased to present 4204 Okeechobee Road, a ±140,000 SF industrial property situated on just under 12 acres in Fort Pierce, Florida. The building is delivered in shell condition, offering a blank-slate platform for a tenant or owner-user to customize the space to meet a wide range of operational needs, including light manufacturing, distribution, or other industrial uses. The expansive site features approximately 644 surface parking spaces, ample truck maneuvering capability, and the potential for outdoor storage or expanded operational uses, providing a level of flexibility that is increasingly difficult to find in the submarket. The property is directly attached to the Renaissance Business Park, a well-established mixed-use business campus totaling approximately 360,000 SF of industrial, flex, and office space. The broader site has a history as a former regional mall, underscoring the scale of the parcel and the strength of its underlying infrastructure. The subject building itself was formerly occupied by Sears and most recently served as the main administrative office for St. Lucie County Public Schools, highlighting its ability to accommodate large-scale users and institutional operations. Strategically positioned along Okeechobee Road, the site is located just minutes from Interstate 95 and Florida’s Turnpike, providing immediate access to South Florida, Central Florida, and statewide distribution corridors. The surrounding area continues to benefit from a growing industrial submarket, with nearby Class-A logistics and distribution developments demonstrating strong tenant demand and signaling continued market confidence. Compared to core South Florida markets, Fort Pierce offers lower acquisition and operating costs while still maintaining excellent access to population centers, ports, and regional transportation infrastructure. The combination of a large, well-located parcel, extensive parking field, shell building condition, and adjacency to an established business park presents a unique opportunity to tailor the facility to a wide range of industrial users. This offering is well suited for owner-users seeking operational control or investors pursuing value creation through targeted buildout and lease-up, making 4204 Okeechobee Road a compelling industrial opportunity in the Treasure Coast market.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$60 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

644

LAND DETAILS

LAND ACRES

11.93

LAND SF

519,671

ZONING

C-3

APN/PARCEL ID

2418-434-0001-000-9

ASK ABOUT THIS PROPERTY

Madison ChungMarcus & MillichapMore Info
954-245-3474

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Madison ChungMarcus & MillichapMore Info
954-245-3474

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