Industrial Properties
1450 Bell Avenue Fort Pierce, FL 34982
Details & Description
Price: $11,900,000
    Marcus & Millichap is pleased to exclusively offer for sale this infill industrial asset in the heart of Saint Lucie County, Florida. Located at 1450 Bell Avenue in Fort Pierce, this corner property is nested between a residential neighborhood to the west, and a small light industrial pocket to the east. The property consists of three buildings totaling an estimated 187,000 square feet of which 50,000 square feet just received a new roof and is ready to lease. The rest of the buildings will need work, including new roofs. At the moment, the property is generating strong and growing revenues as a truck parking operation, with potential to substantially increase income through leasing recently renovated warehouse space. This property offers an investor or user the opportunity to acquire a large industrial covered land play allowing them to plan and execute their forward strategy for the asset.Possibility to Change Zoning to Allow up to 372 Residential Units with Retail and Office Components (drawings available upon request)
    Property Highlights
     Potential to Substantially Raise Income Through Renovating and Leasing Existing Building Structures
     Very Large 32-Acre Industrial Zoned Property Centrally Located in Fort Pierce, Florida
    Additional Photos
    Listing Agents
    Michael Alaoui

    O: 786-522-7000
    michael.alaoui@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1450 Bell Avenue

    Fort Pierce, FL 34982

    Listing ID: 275407
    • 1450 Bell Avenue Fort Pierce, FL 34982 | for Sale | Photo 1
    • 1450 Bell Avenue Fort Pierce, FL 34982 | for Sale | Photo 2
    • 1450 Bell Avenue Fort Pierce, FL 34982 | for Sale | Photo 3
    • 1450 Bell Avenue Fort Pierce, FL 34982 | for Sale | Photo 4
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    Building Size: 187,000 SF
    Lot Size: 31.440 AC
    Land Size: 1,369,526 SF
    Building $/SF: $63.64
    Land $/SF: $8.69
    Price
    $11,900,000
    Property Highlights
    Very Large 32-Acre Industrial Zoned Property Centrally Located in Fort Pierce, Florida
    Potential to Substantially Raise Income Through Renovating and Leasing Existing Building Structures
    Description

    Marcus & Millichap is pleased to exclusively offer for sale this infill industrial asset in the heart of Saint Lucie County, Florida. Located at 1450 Bell Avenue in Fort Pierce, this corner property is nested between a residential neighborhood to the west, and a small light industrial pocket to the east. The property consists of three buildings totaling an estimated 187,000 square feet of which 50,000 square feet just received a new roof and is ready to lease. The rest of the buildings will need work, including new roofs. At the moment, the property is generating strong and growing revenues as a truck parking operation, with potential to substantially increase income through leasing recently renovated warehouse space. This property offers an investor or user the opportunity to acquire a large industrial covered land play allowing them to plan and execute their forward strategy for the asset.

    Possibility to Change Zoning to Allow up to 372 Residential Units with Retail and Office Components (drawings available upon request)

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Port St Lucie History of Industrial Properties for Sale

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    Fort Pierce Area Market Trends

    Listing Demographics for 1450 Bell Avenue Fort Pierce, FL 34982

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population3,51439,40599,947
    Population Median Age394142
    Population by Age0-9 Yrs472 (13%)4423 (11%)11828 (11%)
    10-19 Yrs498 (14%)5205 (13%)11648 (11%)
    20-29 Yrs356 (10%)5156 (13%)11714 (11%)
    30-39 Yrs464 (13%)3884 (9%)10987 (10%)
    40-49 Yrs501 (14%)4496 (11%)10990 (10%)
    50-59 Yrs373 (10%)5488 (13%)14276 (14%)
    60-69 Yrs374 (10%)5195 (13%)13477 (13%)
    70+ Yrs476 (13%)5558 (14%)15026 (15%)
    Median HH Income$33,979$39,493$40,732
    Total Household Income< 24K518 (37%)4392 (29%)11489 (30%)
    25-49K463 (33%)4733 (31%)10467 (28%)
    50-74K155 (11%)2337 (15%)6063 (16%)
    75-99K106 (7%)1393 (9%)3509 (9%)
    100-199K133 (9%)1791 (12%)4895 (13%)
    200K+7 (0%)178 (1%)776 (2%)
    Highest Education LevelNo Diploma468504011580
    Diploma or GED914997424674
    Some College525514713850
    Assoc. Degree17526956945
    Bachelors Degree21929038739
    Higher Degree14415504998
    Total Housing Units1,64017,39448,052
    --Owner-Occupied6089,17622,397
    --Renter-Occupied7755,64914,803
    Owner-Occupied Values< 100K32337286538
    100-199K7830477384
    200-299K8914205345
    300-399K846001786
    400-499K31200498
    500K+3181846
    Total Working Age Population2,75931,94280,926
    In Work Force1,51218,50943,733
    Not In Work Force1,24713,43237,193
    Workforce Employed1,39917,43440,645
    Workforce Unemployed1131,0302,971
    Civlian Workforce1,51218,46443,616
    Military Workforce046117
    Total Households1,38214,82537,200
    Family Households7778,92623,075
    Non-Family Households6065,89814,125
    Married Couple4996,05515,376
    Other Family2782,8727,699
    Married w/Child2201,9774,416
    Single Male w/Child255051,242
    Single Female w/Child1751,2042,938

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    St. Lucie County192,695+44277,789+13313,070+15359,468

    Total Working Age Population:

    Total Households:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1450 Bell Avenue in Fort Pierce?
    The asking price for 1450 Bell Avenue is $11,900,000
    What is the building size of this Industrial property in Fort Pierce, FL?
    The size of the building/unit at 1450 Bell Avenue in Fort Pierce is 187,000 square feet
    How much land does the Fort Pierce, FL property at 1450 Bell Avenue include?
    1450 Bell Avenue in Fort Pierce includes 31.440 acres of land
    What kind of Industrial is the propery at 1450 Bell Avenue?
    The property at 1450 Bell Avenue Fort Pierce, FL 34982 is listed as a Warehouse Industrial property
    What is the population within 1 mile of 1450 Bell Avenue in Fort Pierce?
    The population within 1 mile of 1450 Bell Avenue Fort Pierce, FL 34982 is 3,514 people.
    Who do I contact for questions about 1450 Bell Avenue?
    You should contact the listing agent, Michael Alaoui , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Palm Beach International Airport (PBI) 52
    Fort Lauderdale Hollywood International Airport (FLL) 92
    Orlando International Airport (MCO) 93