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2485 N Us Highway 1
Fort Pierce, FL 34946

StoragePUP of Fort Pierce · Speciality Property For Sale · 9,885 SF

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Investment Highlights

Robust cash flow offers an investor a strong cash-on-cash return | CASH-ON-CASH RETURN: 8.09% | Seller financing available
Prime self-storage development opportunity spanning 2.4 acres, strategically located in an area with a robust traffic count of 22,500+ AADT
Upside available by stabilizing the occupancy, expansion of relocatable unit business, new on-site development, and ongoing rental rate adjustments

161 Units | 26,811 Gross Rentable SF | 33,048 Gross Rentable SF (includes parking) | Diversified unit mix & air-conditioned units available
Benefit from a favorable insurance landscape with minimal structural coverage requirements, reducing overall cos
The site is secured with perimeter fencing & gated entry for enhanced safety and the ability to operate remotely

Executive Summary

CASH-ON-CASH RETURN: 8.09%
Seller Financing Available
Daily Traffic Counts: 22,500+ AADT

PROPERTY FACTS

Sale Type	Investment	Lot Size	1.03 AC
Net Initial Yield	7.25%	Building Size	9,885 SF
Property Type	Speciality	Number of Floors	1
Property Subtype	Self-Storage	Year Built/Renovated	1987/2023
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Sale Type	Investment
Net Initial Yield	7.25%
Property Type	Speciality
Property Subtype	Self-Storage
Building Class	C
Lot Size	1.03 AC
Building Size	9,885 SF
Number of Floors	1
Year Built/Renovated	1987/2023
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

PROPERTY TAXES

Parcel Number	14-33-130-0005-0008	Improvements Assessment	£101,659
Land Assessment	£344,474	Total Assessment	£446,132

PROPERTY TAXES

Parcel Number

14-33-130-0005-0008

Land Assessment

£344,474

Improvements Assessment

£101,659

Total Assessment

£446,132

zoning

Zoning Code	CG (Commercial General)
CG (Commercial General)

Listing ID: 33922409
Date on Market: 19/11/2024
Last Updated:
Address: 2485 N Us Highway 1, Fort Pierce, FL 34946

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