3490 Oleander Avenue, Fort Pierce, FL, 34982 | $1,988,000

3490 Oleander Ave, Fort Pierce, Florida.

Don't miss this Industrial Opportunity.

The property consists of the following: 1. 09-acre site with an 8, 050-square-foot building, six loading docks, and a drive-in ramp—its proximity to major transportation routes like I-95 and the Florida Turnpike enhances its appeal. The surrounding heavy industrial area further positions it as a strategic location for logistics and distribution operations. ?

The current market trends, including rising rental rates and strong absorption, suggest a favorable environment for selling or leasing industrial properties in Fort Pierce. 3490 Oleander Ave, Fort Pierce, Florida. Don't miss this Industrial Opportunity. The property consists of the following: 1. 09-acre site with an 8, 050-square-foot building, six loading docks, and a drive-in rampits proximity to major transportation routes like I-95 and the Florida Turnpike enhances its appeal. The surrounding heavy industrial area further positions it as a strategic location for logistics and distribution operations. ? The current market trends, including rising rental rates and strong absorption, suggest a favorable environment for selling or leasing industrial properties in Fort Pierce. Zoning IL: Purpose. The purpose of this district is to provide for industrial and related uses with limited objectionable external effects in areas that are suitable for such operations due to the desirability of site characteristics, adequacy of utilities, appropriateness of transportation facilities and other factors. Acceptable manufacturing, warehousing, heavy commercial and similar uses are encouraged. Uses in the district may perform a support role for uses in other industrial areas. (b) Basic use standards. Uses in an I-1 zone must meet the requirements of this section. More restrictive requirements, set forth in accordance with other provisions of this chapter, must be satisfied by some conditional uses. Notable Leases: Prominent companies such as Rainforest, Cameron Ashley Building Products, and PAC Seating have secured significant industrial leases in the Port St. Lucie and Fort Pierce areas, highlighting sustained demand for well-located industrial spaces. Major Projects: The completion of the South Florida Logistics Center 95, a 1. 3 million-square-foot industrial complex in Fort Pierce, underscores the region's growth. This development includes a 1. 1 million-square-foot cross-dock facility and a 245, 000-square-foot rear-load building, both designed to accommodate e-commerce and third-party logistics operations . ? Key Developments in Fort Pierce Major Leases: Broad Range Logistics signed a nearly 1. 1 million-square-foot lease at the Interstate Crossroads Business Center, marking the largest industrial lease in the area for 2024. ? New Projects: The LTC Ranch Industrial project is set to house a more than 1 million-square-foot distribution center on 108 acres, with substantial parking and loading facilities. Additionally, Seefried Development plans a 650, 000-square-foot industrial facility south of Orange Avenue. ? Treasure Coast Business magazine Adaptive Reuse: The Renaissance Business Park, formerly the Orange Blossom Mall, has been converted into a 362, 710-square-foot flex industrial facility, showcasing innovative redevelopment in the region. ? ?The industrial real estate market in Fort Pierce, Florida, is experiencing significant growth and transformation as of early 2025. This dynamic environment presents both opportunities and challenges for commercial realtors specializing in industrial and flex space warehouses.

Features

  • Property Type: Industrial
  • Heating: Electric
  • Cooling: Central Air
  • Units: 1
  • Zoning: Indust
  • Year Built: 1965
  • Acreage: 1.09
  • Est. Taxes: $15,821
  • Tenant Pays: Common Area Maintenance, Insurance, Taxes, Maintenance
  • MLS#: R11083050
  • Website: https://www.raveis.com
    /prop/R11083050/3490oleanderavenue_fortpierce_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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3490 Oleander Avenue, Fort Pierce, FL, 34982

$1,988,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,590,400 $1,590,400 $1,590,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.263% 6.259% 6.203%
Monthly Tax Payment $1,318 $1,318 $1,318
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,281 $9,663 $13,421
Total Monthly Payment $10,724 $11,106 $14,864

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.