for sale · sale pending 1.81 acres subject property 1.13 acres r vlopmnt sit median cut to site...

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FOR SALE 5550 OKEECHOBEE RD (STATE RD 70), FT. PIERCE, FL 34947 PARCEL ID: 2419-601-0039-000-9, 2419-601-0040-000-9, 2419-601-0041-000-6, 2419601-0042-000-3 SITE ACRES: 1.13 Acres (0.41, 0.24, 0.24, 0.24) ZONING: C3 Commercial (City of Ft Pierce), General Commercial (St Lucie County) Commercial Office (St Lucie County) FRONTAGE: 160+/- Ft on Okeechobee Road UTILITIES: Ft Pierce Utilities Authority DAILY TRAFFIC: 25,500 vehicles per day REAL ESTATE TAXES: $3,679.86 For More Information: The information contained herein has been obtained from sources believed to be reliable, but no warranty or representation, expressed or implied, is made. All sizes and dimensions are approximate. Any prospective buyer should exercise prudence and verify independently all significant data and property information. This is NOT an offer of sub-agency or co-brokerage. Michael A. Yurocko, CCIM, Vice President, Broker [email protected] www.slccommercial.com Office 772.220.4096 Mobile 772.538.2841 RADIUS 1 Mile 3 Mile 5 Mile Population 1,947 22,557 69,732 Households 732 7,746 24,671 Ave HH Income $54,773 $46,956 $47,500 Median Age 31.8 33.2 36.0 DRIVE TIME 5 Min 10 Min 15 Min Population 6,334 51,372 134,724 Households 2,344 17,459 50,428 Ave HH Income 47,256 46,619 56,388 Median Age 31.6 34.0 40.9 Demographic Profile RETENTION POND SALE PENDING 1.81 Acres SUBJECT PROPERTY 1.13 Acres REDEVELOPMENT SITE Median Cut to Site Potential Uses as Redeveloped Site Include QSRs, C Store, Bank, Hotel, Restaurant, Medical PRICE: $800,000.00 3.25 Acres

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Page 1: FOR SALE · SALE PENDING 1.81 Acres SUBJECT PROPERTY 1.13 Acres R VLOPMNT SIT Median Cut to Site Potential Uses as Redeveloped Site Include QSR’s, C Store, Bank, …

FOR SALE 5550 OKEECHOBEE RD (STATE RD 70), FT. PIERCE, FL 34947

PARCEL ID: 2419-601-0039-000-9, 2419-601-0040-000-9, 2419-601-0041-000-6, 2419601-0042-000-3

SITE ACRES: 1.13 Acres (0.41, 0.24, 0.24, 0.24)

ZONING: C3 Commercial (City of Ft Pierce),

General Commercial (St Lucie County)

Commercial Office (St Lucie County)

FRONTAGE: 160+/- Ft on Okeechobee Road

UTILITIES: Ft Pierce Utilities Authority

DAILY TRAFFIC: 25,500 vehicles per day

REAL ESTATE TAXES: $3,679.86

For More Information:

The information contained herein has been obtained from sources believed to be reliable, but no warranty or representation, expressed or implied, is

made. All sizes and dimensions are approximate. Any prospective buyer should exercise prudence and verify independently all significant data and

property information. This is NOT an offer of sub-agency or co-brokerage.

Michael A. Yurocko, CCIM, Vice President, Broker

[email protected] www.slccommercial.com

Office 772.220.4096 Mobile 772.538.2841

RADIUS 1 Mile 3 Mile 5 Mile

Population 1,947 22,557 69,732

Households 732 7,746 24,671

Ave HH Income $54,773 $46,956 $47,500

Median Age 31.8 33.2 36.0

DRIVE TIME 5 Min 10 Min 15 Min

Population 6,334 51,372 134,724

Households 2,344 17,459 50,428

Ave HH Income 47,256 46,619 56,388

Median Age 31.6 34.0 40.9

Demographic Profile

RETENTION

POND

SALE PENDING 1.81 Acres

SUBJECT

PROPERTY

1.13 Acres

REDEVELOPMENT SITE

Median Cut to Site

Potential Uses as Redeveloped Site Include QSR’s,

C Store, Bank, Hotel, Restaurant, Medical PRICE: $800,000.00

3.25 Acres

Page 2: FOR SALE · SALE PENDING 1.81 Acres SUBJECT PROPERTY 1.13 Acres R VLOPMNT SIT Median Cut to Site Potential Uses as Redeveloped Site Include QSR’s, C Store, Bank, …

PROPERTY INFORMATION 772-220-4096 SLC COMMERCIAL

OKEECHOBEE RD

MEDIAN

CUT

EASTBOUND

TRAFFIC

FEATURES ● CONTIGUOUS TO NEW WALGREENS

● ALONG JENKINS RD CORRIDOR OF PLANNED RESIDENTIAL

● 1/2 MILE FROM I-95 & LESS THAN 2 MILES FROM FLORIDA TURNPIKE

● 600 APARTMENTS WITHIN 1/2 MILE

● ON MAIN ARTERY (SR-70) INTO FT. PIERCE MARKET

● NEIGHBORING BIG BOXES – WALMART & HOME DEPOT

Page 3: FOR SALE · SALE PENDING 1.81 Acres SUBJECT PROPERTY 1.13 Acres R VLOPMNT SIT Median Cut to Site Potential Uses as Redeveloped Site Include QSR’s, C Store, Bank, …

772-220-4096 SLC COMMERCIAL AREA LOCATION

ORANGE

BLOSSOM

SITE S

N

Page 4: FOR SALE · SALE PENDING 1.81 Acres SUBJECT PROPERTY 1.13 Acres R VLOPMNT SIT Median Cut to Site Potential Uses as Redeveloped Site Include QSR’s, C Store, Bank, …

MAPS 772-220-4096 SLC COMMERCIAL

Page 5: FOR SALE · SALE PENDING 1.81 Acres SUBJECT PROPERTY 1.13 Acres R VLOPMNT SIT Median Cut to Site Potential Uses as Redeveloped Site Include QSR’s, C Store, Bank, …

BUSINESS DEVELOPMENT 772-220-4096 SLC COMMERCIAL

Why National Retailers Should Consider Ft Pierce

For the past few years Ft. Pierce has been an overlooked area of the Treasure Coast by traditional and upstart re-

tailers alike. Undoubtedly, this is due in part to the slower economic recovery from the housing and financial crisis

experienced throughout St Lucie County relative to the overall Treasure Coast and Florida in general. However,

things are changing in both St Lucie County and more importantly, FT PIERCE.

Within the past 2yrs bigger box retailers like Bass Pro Shops, Burlington, and Home Goods along with credit ten-

ants Pollo Tropical, Cheddars, Hooters, Aldi, Walmart Neighborhood Market, and others have made the commit-

ment to St Lucie County. Additionally, the presence of new retailers AT&T, Jimmy John’s, Mattress Firm, Hibbett

Sports, an Urban 7-11 in Downtown are all excellent indicators as to how the Ft Pierce market is transforming after

lagging the broader Treasure Coast market for many years.

Commercial brokers are continually asked in Ft Pierce, “Why do we have so few retail options in Ft Pierce and must

drive to Port St Lucie, Jensen Beach, Stuart, or Vero?” Well the simple answer is that things are changing and as

this transformation evolves they won’t. Visitors to the area are actively attending the many functions in the revi-

talized Downtown and Waterfront/Marina, visiting the less crowded restaurants and area beaches of Hutchinson

Island, and boating in the wide Indian River Lagoon and through arguably the best and safest pass to the Atlantic

Ocean on Florida’s East Coat – The Ft Pierce Inlet. As a national or regional retailer you can wait for your competi-

tors to gain a competitive advantage by recognizing Ft Pierce is slowing becoming an event destination location for

many South Florida residents and miss identifying the best retail locations.

So, before you simply dismiss Ft Pierce like in the past you may want to reconsider your site selection criteria and

actually drive the area market. It is common to see the “herd mentality” to primary markets even though many

are becoming oversaturated with retail while secondary and tertiary markets like Ft Pierce remain underserved.

Typically you will find both rents as well as prices of land and improved properties to be more favorable than those

in primary markets.

As a leading commercial brokerage firm serving this market SLC Commercial challenges you to look outside the

proverbial box and explore the business opportunities awaiting your company as we feel there has never been a

better time to capitalize on the opportunities in Ft Pierce. While your company may be experiencing softer or

even declining same store sales numbers in oversaturated markets Ft Pierce represents an opportunity to capital-

ize on the leakage that this market has been experiencing for too long.

Call Mike Yurocko, CCIM, at SLC Commercial (772) 220-4096 for assistance with any of your retail needs in Ft

Pierce.

Page 6: FOR SALE · SALE PENDING 1.81 Acres SUBJECT PROPERTY 1.13 Acres R VLOPMNT SIT Median Cut to Site Potential Uses as Redeveloped Site Include QSR’s, C Store, Bank, …

772-220-4096 SLC COMMERCIAL ZONING — C3 Fort Pierce

ZONING DISTRICT C3

RESIDENTIAL

Household Living

-Multi-Dwelling Building C

-Vertical Mixed-Use Building P

Group Living (except as noted below) C

-Community Residential Home, Type 2 (7-14 residents) C

PUBLIC AND CIVIC

Community/Cultural (except as noted below) P

-Community Center P

-Fraternal Organization/Lodge P

-Library or Cultural Exhibit P

-Environmental Research and Education Facilities C

Day Care C

-Adult Day Care Center C

-Day Care Center C

-Child Care Facility C

Educational Facilities

-College or University C

-Elementary, Middle or High School - Public C

-Elementary, Middle or High School - Private C

Government Facilities (except as noted below) P

-Post Office P

-Safety Service P

Medical Facilities (except as noted below) C

-Hospital C

-Nursing Home C

Park and Open Space (except as noted below) P

-Cemetery/Columbarium/Mausoleum C

-Country Club/Golf Course C

Passenger Terminal

-Rail/Bus Terminal C

-Bus Shelter P

-Taxi Terminal C

Religious Institution P

Social Service Institution (except as noted below) C

-Halfway Houses C

Utilities

-Minor, other C

-Major C

-Utility Cabinets, Above Ground P

“P” PERMITTED USES “C” CONDITIONAL USES

Page 7: FOR SALE · SALE PENDING 1.81 Acres SUBJECT PROPERTY 1.13 Acres R VLOPMNT SIT Median Cut to Site Potential Uses as Redeveloped Site Include QSR’s, C Store, Bank, …

772-220-4096 SLC COMMERCIAL ZONING — C3 Fort Pierce

COMMERCIAL

Eating and Drinking Establishments

-Brew Pub P

-Coffee Shop P

-Neighborhood Bistro P

-Neighborhood Café P

-Restaurants, Fast Food P

-Restaurant and Bar P

-Wine/Cigar Bar P

Entertainment, Indoor (except as noted below) P

-Adult Establishment P

-Arcade Amusement Center C

-Bar or Nightclub P

-Theater P

Entertainment, Outdoor (except as noted below) C

-Batting Cages, Driving Ranges P

-Stables or Equestrian Facilities P

-Stadium or Arena C

Marine-Related Commercial(except as noted below) P

-Boat and Marine Equipment Sales P

-Marina/Boat Livery C

Office

-Administrative, Professional, General, Medical Office P

-Day Labor Employment Agency P

-Medical and Dental Clinic P

-Television and Radio Studios P

Overnight Accommodations

-Bed & Breakfast P

-Hotel/Motel P

-Recreational Vehicle Park C

-Resort Hotel P

Parking, Commercial P

Retail Sales & Service, Sales-Oriented (except as noted below) P

-Art Gallery P

-Farmers Market or Farm Stand P

-Grocery or Liquor Store P

-Neighborhood Commercial Sale P

-Office Supplies & Electronics P

-Pet Stores P

Page 8: FOR SALE · SALE PENDING 1.81 Acres SUBJECT PROPERTY 1.13 Acres R VLOPMNT SIT Median Cut to Site Potential Uses as Redeveloped Site Include QSR’s, C Store, Bank, …

772-220-4096 SLC COMMERCIAL ZONING — C3 Fort Pierce

Retail Sales & Service, Personal-Service Oriented (except as noted below) P

-Art Studio P

-Animal Care Facilities & Service C

-Animal Grooming Services P

-Check Cashing/Loan Service P

-Educational Service Establishments P

-Laundry & Dry Cleaners Pick-Up P

-Laundromat P

-Mortuaries or Funeral Homes P

-Neighborhood Commercial Services P

-Pawn Shop P

-Personal Improvement Service P

-Veterinary (Without Outdoor Runs) P

Retail Sales & Service, Repair-Oriented P

Self-Service Storage C

Vehicle Sales & Service

-Automobile Rentals P

-Automobile Sales P

-Boat Rentals P

-Boat Sales P

-Fueling Station P

-Travel Plaza P

-Truck Stop P

-Vehicle Repair, General C

-Vehicle Repair, Limited P

-Vehicle Storage C

INDUSTRIAL

Artisan C

-Cabinet Shops, Woodworking C

Light Industrial Service (except as noted below) C

-Catering Facility, Large-Scale C

-Crematorium C

-Building Maintenance Facilities And Services C

-Contractors/Others Performing Services Off-Site C

-Microbrewery C

-Research Service C

Marine-Related Industrial C

Warehouse & Freight (except as noted below) C

-Parcel Service P

Wholesale Trade C

Community Gardens C

Telecommunication Facility

-Antenna Support Structure C

-Antenna (on existing structure) P

Page 9: FOR SALE · SALE PENDING 1.81 Acres SUBJECT PROPERTY 1.13 Acres R VLOPMNT SIT Median Cut to Site Potential Uses as Redeveloped Site Include QSR’s, C Store, Bank, …

772-220-4096 SLC COMMERCIAL ZONING — CG St Lucie County

CG COMMERCIAL, GENERAL.

Permitted Uses:

a. Adjustment/collection and credit reporting services. (732)

b. Advertising. (731)

c. Amphitheaters. (999)

d. Amusements and recreation services - except stadiums, arenas, race tracks, amusement parks and

bingo parlors. (79)

e. Apparel and accessory stores. (56)

f. Automobile dealers. (55)

g. Automotive rental, repairs and serv. (except body repairs). (751, 753, 754)

h. Beauty and barber services. (723/724)

i. Building materials, hardware and garden supply. (52)

j. Cleaning services. (7349)

k. Commercial printing. (999)

l. Communications - except towers. (48)

m. Computer programming, data processing and other computer serv. (737)

n. Contract construction serv. (office and interior storage only). (15/16/17)

o. Cultural activities and nature exhibitions. (999)

p. Duplicating, mailing, commercial art/photo. and stenog. serv. (733)

q. Eating places. (581)

r. Educational services - except public schools. (82)

s. Engineering, accounting, research, management and related services. (87)

t. Equipment rental and leasing services. (735)

u. Executive, legislative, and judicial functions. (91/92/93/94/95/96/97)

v. Farm labor and management services. (076)

w. Financial, insurance, and real estate. (60/61/62/63/64/65/67)

x. Food stores. (54)

y. Funeral and crematory services. (726)

z. Gasoline service stations. (5541)

aa. General merchandise stores. (53)

bb. Health services. (80)

cc. Home furniture and furnishings. (57)

dd. Landscape and horticultural services. (078)

ee. Laundry, cleaning and garment services. (721)

ff. Membership organizations subject to the provisions of Section 7.10.31. (86)

gg. Miscellaneous retail (see SIC Code Major Group 59):

(1) Drug stores. (591)

(2) Used merchandise stores. (593)

(3) Sporting goods. (5941)

(4) Book and stationary. (5942/5943)

(5) Jewelry. (5944)

(6) Hobby, toy and games. (5945)

(7) Camera and photographic supplies. (5946)

(8) Gifts, novelty and souvenir. (5947)

Page 10: FOR SALE · SALE PENDING 1.81 Acres SUBJECT PROPERTY 1.13 Acres R VLOPMNT SIT Median Cut to Site Potential Uses as Redeveloped Site Include QSR’s, C Store, Bank, …

772-220-4096 SLC COMMERCIAL ZONING — CG St Lucie County

CG COMMERCIAL, GENERAL.

Permitted Uses Continued:

(9) Luggage and leather goods. (5948)

(10) Fabric and mill products. (5949)

(11) Catalog, mail order and direct selling. (5961/5963)

(12) Liquefied petroleum gas (propane). (5984)

(13) Florists. (5992)

(14) Tobacco. (5993)

(15) News dealers/newsstands. (5994)

(16) Optical goods. (5995)

(17) Misc. retail (See SIC Code for specific uses). (5999)

hh. Miscellaneous personal services (see SIC Code Major Group 72):

(1) Tax return services. (7291)

(2) Misc. retail (See SIC Code for specific uses). (7299)

ii. Miscellaneous business services (see SIC Code Major Group 73):

(1) Detective, guard and armored car services. (7381)

(2) Security system services. (7382)

(3) News syndicate. (7383)

(4) Photofinishing laboratories. (7384)

(5) Business services - misc. (7389)

jj. Mobile home dealers. (527)

kk. Mobile food vendors (eating places, fruits and vegetables-retail). (999)

ll. Motion pictures. (78)

mm. Motor vehicle parking-commercial parking and vehicle storage. (752)

nn. Museums, galleries and gardens. (84)

oo. Personnel supply services. (736)

pp. Photo finishing services. (7384)

qq. Photographic services. (722)

rr. Postal services. (43)

ss. Recreation facilities. (999)

tt. Repair services. (76)

uu. Retail trade-indoor display and sales only, except as provided in Section 7.00.00. (999)

vv. Social Services:

(1) Individual and family social services. (832/839)

(2) Child care services. (835)

(3) Job training and vocational rehabilitation services. (833)

ww. Travel agencies. (4724)

xx. Veterinary services. (074)

Page 11: FOR SALE · SALE PENDING 1.81 Acres SUBJECT PROPERTY 1.13 Acres R VLOPMNT SIT Median Cut to Site Potential Uses as Redeveloped Site Include QSR’s, C Store, Bank, …

772-220-4096 SLC COMMERCIAL ZONING — CG St Lucie County

CG COMMERCIAL, GENERAL.

Conditional Uses:

a. Adult establishments subject to requirements of Section 7.10.10. (999)

b. Drinking places (alcoholic beverages) - free-standing. (5813)

c. Disinfecting and pest control services. (7342)

d. Amusement parks. (7996)

e. Go-cart tracks. (7999)

f. Hotels and motels. (701)

g. Household goods warehousing and storage-mini-warehouses. (999)

h. Marina - recreational boats only. (4493)

i. Motor vehicle repair services - body repair. (753)

j. Sporting and recreational camps. (7032)

k. Retail trade:

(1) Liquor stores. (592)

l. Stadiums, arenas, and race tracks. (794)

m. Telecommunication towers - subject to the standards of Section 7.10.23. (999)

Accessory Uses. Accessory uses are subject to the requirements of Section 8.00.00, and include the following:

a. Drinking places (alcoholic beverages as an accessory use to a restaurant and/or civic, social, and

fraternal organizations).

b. One (1) single-family dwelling unit contained within the commercial building, or a detached single-

family dwelling or mobile home, (for on-site security purposes).

c. Retail trade:

(1) Undistilled alcoholic beverages (accessory to retail sale of food).

d. Solar energy systems, subject to the requirements of Section 7.10.28

Page 12: FOR SALE · SALE PENDING 1.81 Acres SUBJECT PROPERTY 1.13 Acres R VLOPMNT SIT Median Cut to Site Potential Uses as Redeveloped Site Include QSR’s, C Store, Bank, …

772-220-4096 SLC COMMERCIAL ZONING — CO St Lucie County

CO COMMERCIAL, OFFICE.

Permitted Uses:

a. Adjustment/collection and credit reporting services. (732)

b. Advertising. (731)

c. Communications - except towers. (48)

d. Computer programming, data processing and other computer related services. (737)

e. Contract construction services - office only. (15, 16, 17)

f. Duplicating, mailing, commercial art/photography and stenographic services. (733)

g. Engineering, accounting, research, management and related services. (87)

h. Executive, legislative, and judicial functions. (91, 92, 93, 94, 95, 96, 97)

i. Finance, insurance, and real estate services. (60, 61, 62, 63, 64, 65, 67)

j. Health services - except nursing homes and hospitals. (80)

k. Membership organizations subject to the provisions of Section 7.10.31. (86)

l. Miscellaneous business services:

(1) Detective, guard and armored car services. (7381)

(2) Security system services. (7382)

(3) News syndicate. (7383)

(4) Photofinishing laboratories. (7364)

(5) Business Services - misc. (7389)

m. Personnel supply services. (736)

n. Social services:

(1) Individual and family social services. (832/839)

o. Travel agencies. (4724)

Conditional Uses:

a. Child care services. (835)

b. Television and radio transmitting towers. (999)

c. Telecommunication towers - subject to the standards of Section 7.10.23. (999)

Accessory Uses. Accessory uses are subject to the requirements of Section 8.00.00 and include the following:

a. Eating and drinking places (undistilled alcoholic beverages as an accessory to a restaurant).

b. Postal services. (43)

c. Solar energy systems, subject to the requirements of Section 7.10.28

Page 13: FOR SALE · SALE PENDING 1.81 Acres SUBJECT PROPERTY 1.13 Acres R VLOPMNT SIT Median Cut to Site Potential Uses as Redeveloped Site Include QSR’s, C Store, Bank, …

772­220­4096     SLC COMMERCIAL DISCLAIMERS 

This presentation package has been prepared by the company representing the property for informational purposes only and does not purport to contain all in-formation necessary to reach a purchase decision. The information herein has been given by the Owner or other sources believed to be reliable, but it has not necessarily been independently verified by the Company representing the property and neither its accuracy nor its completeness is guar-anteed. This information is subject to errors, omissions, changes, prior sale or withdrawal without notice by the Company representing the property and does not constitute a recommendation, endorsement or advice as to the value for the purchase of any property. Each prospective lessee or purchaser is to rely upon his/her own investi-gation, evaluation and judgment as to the advisability of leasing or purchasing the property. Furthermore, any financial information and calculations presented in this analysis are believed to be accurate, but are not guaranteed and are intended for the pur-poses of projection and analysis only. The user of this financial information con-tained herein should consult a tax specialist concerning his/her particular circum-stances before making any investment.