0 N 53rd Str

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0 N 53rd Str

Fort Pierce, FL 34946
Asking Price
$310K
Asset Type
Retail
Class
Class B

What's Special

Located at 0 N 53rd Street in Fort Pierce, Florida, this retail-zoned property sits within a developing commercial corridor. The neighborhood is characterized by a mix of residential communities and established service businesses. Significant local amenities include proximity to the Treasure Coast International Airport and several regional distribution centers. The site offers efficient transportation access via nearby major thoroughfares, including U.S. Route 1 and Interstate 95, facilitating logistical connectivity across St. Lucie County. The property is suited for a variety of commercial applications, ranging from neighborhood retail strips to standalone service centers. Ideal use cases include convenience stores, small-scale grocery outlets, or professional service offices. Typical tenants for this asset type include local retailers, medical practitioners, and franchise operators seeking to capitalize on the increasing residential density and commuter traffic within the immediate Fort Pierce area.

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NOI
$80,000
Cap Rate
25.81%
DSCR
4.35
Strong
Cash-on-Cash
66.23%
Monthly Payment
$1,533.706
Annual Cash Flow
$61,595.529

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