5180-5186 Turnpike Feeder Rd - Retail FOR SALE


Fort Pierce, FL 34951- Lakewood Park
$1,999,000 USD
561-707-5812
5180-5186 Turnpike Feeder Rd, Fort Pierce, FL for Sale
$1,999,000 USD
Retail - FOR SALE
1/25
null | 5.36% Cap Rate

5180-5186 Turnpike Feeder Rd
Fort Pierce, FL 34951
Lakewood Park


HIGHLIGHTS

  • Price reduced; owner financing possible. Please feel free to reach out to me for more details. Lakewood Park Plaza in Fort Pierce presents a prime 15

OVERVIEW

Price reduced; owner financing possible. Please feel free to reach out to me for more details. Lakewood Park Plaza in Fort Pierce presents a prime 15-unit, three-building property with an outstanding opportunity for a savvy investor. This well-located asset offers owner financing with just 25% down, amortized over 30 years at 7% interest, including principal and interest—making acquisition both attractive and accessible. While the cap rate may initially appear modest, the property’s strong location, reliable tenants, and consistent area growth provide significant upside. Buyers can continue operating it as-is for steady income or implement value-add strategies such as renovations, upgrades, or cosmetic improvements to unlock additional equity. With Fort Pierce experiencing increasing demand and ongoing development, this investment offers long-term appreciation potential and the ability to create wealth over time. Lakewood Park Plaza is a solid, income-producing property with favorable financing—making it a smart move for investors looking for growth, stability, and attractive terms.

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$207 USD /SF

CAP RATE

5.36%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakewood Park Plaza

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

CN

APN/PARCEL ID

13-01-615-0079-0009

ASK ABOUT THIS PROPERTY

Paula ZaluskiWatson Realty CorporationMore Info
561-707-5812

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Paula ZaluskiWatson Realty CorporationMore Info
561-707-5812

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