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1539 North Kings Highway
Fort Pierce, FL 34947
Asking Price
$7.50M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 17.32 acres <ul><li>Size and Zoning: 17.32 acres of Industrial zoning (likely IL – Industrial Light or equivalent in St. Lucie County), ideal for a wide range of permitted uses including light manufacturing, warehousing, distribution, wholesale, construction services, business services, and more. This flexible zoning supports efficient development with minimal restrictions compared to commercial or residential districts.</li><li>Location Benefits: Situated in the heart of the Kings Highway Jobs Corridor,
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NOI
$80,000
Cap Rate
1.07%
DSCR
0.18
Underwater
Cash-on-Cash
-16.23%
Monthly Payment
$37,105.908
Annual Cash Flow
$-365,270.894
