5900 Tedder Rd - Schools FOR SALE


Fort Pierce, FL 34947- Outer Fort Pierce
$11,200,000 USD
305-235-1500
5900 Tedder Rd, Fort Pierce, FL for Sale
$11,200,000 USD
Schools - FOR SALE
1/39
null | Request Cap Rate

NEW


5900 Tedder Rd
Fort Pierce, FL 34947
Outer Fort Pierce


HIGHLIGHTS

  • REQUEST ACCESS TO THE FULL OM FOR MORE DETAILS!
  • Three-building campus layout with classrooms, administrative offices, and gymnasium.
  • Student capacity of up to 450 Students - City-funded revenue of ~$8,300/student annually.
  • Turnkey condition with upgraded furniture and equipment, brand-new bleachers (~$100K value), large bus drop-off/loading area & parking lot.
  • Zoning permits school use by right – difficult to obtain in current market! Potential for future redevelopment
  • Excellent access off I-95 and Okeechobee Rd, growing residential demographic with 20% population growth expected in the next 5 years!

OVERVIEW

Lee & Associates presents a rare owner-user or investor opportunity at 5900 Tedder Road in Fort Pierce, FL—a fully renovated, turnkey educational facility spanning 41,812 SF on an expansive 15-acre parcel. This single-story masonry school facility features upgraded interiors, full air conditioning, and efficient floor plans ideal for vocational, charter, or specialty school use. The campus includes a large recreation hall/gymnasium with brand-new bleachers valued at approximately $100,000, and is configured to support a student capacity of up to 450. As an added financial incentive, the City of Fort Pierce provides annual funding of approximately $8,300 per enrolled student, presenting a strong recurring revenue model for qualified operators. With 98 surface parking spaces and a zoning designation that already permits school use—an entitlement that’s increasingly difficult to obtain—this offering is ideally suited for an educational operator seeking immediate occupancy without zoning hurdles. Strategically located in the Fort Pierce submarket, the property is less than half a mile from I-95 and Okeechobee Road, providing excellent regional connectivity. It benefits from significant traffic exposure, with nearby roadways seeing over 65,000 vehicles per day. The surrounding area is experiencing notable demographic growth, with projected population increases of over 20% in the next five years, making this an attractive long-term investment for institutional users seeking growth and stability in a high-demand, underserved market.

FOR SALE DETAILS

PRICE

$11,200,000 USD

PRICE/SF

$268 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

98

LAND DETAILS

LAND ACRES

15 AC

LAND SF

653,400 SF

ZONING

SF LOW DEN

APN/PARCEL ID

23-24-111-0004-0000,23-24-113-0002-0002

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.