Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Established Smoke Shop For Sale Title is generated by Realmo AI

    914 SW Gatlin Boulevard, Port St Lucie, FL 34953

    View on Map
    Claim this Listing
    For Sale
    $224,000

    COMMERCIAL - Port St. Lucie, FL

    Property size:
    1,050 SF
    Price / SF:
    $213/SF
    Added:
    Sep 15, 2025
    Days on Market:
    263
    Last Refresh:
    Jun 4 at 5:06 pm

    Property Features for 914 SW Gatlin Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Security features
    Security System
    Standard status
    Active
    Size
    1,050 SF

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2004
    Building materials
    Block, Concrete

    We can help!

    Listing Contact
    Lisa Wilburn

    Listing agent Lisa Wilburn License #3566906

    Listing office Divito Real Estate Group 8704 Flutto Way, boynton beach, FL

    Listing date Sep 15, 2025

    MLS# R11124017

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Established smoke shop with 13+ years of successful operation.
    • Full inventory included in the sale.
    • Lease term extends to April 30, 2028.
    • Great location.
    • Central heating.
    • Central air conditioning.

    Overview

    A successful smoke shop is available for sale in a favorable location. St. Lucie Smoke and Cigars has operated for 3 years under the current LLC, preceded by another successful smoke shop at the same location for over 10 years. The sale includes the full inventory. The lease term is active until April 30, 2028. The property is located in Port St. Lucie, Florida.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $18.9k $18.00
    − Vacancy −$1.6k −$1.53
    EGI $17.3k $16.47
    − OpEx −$5.2k −$4.94
    NOI $12.1k $11.53
    1,050 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $172.9K
    $151.3K – $201.8K (±1% cap)
    NOI $12,105 @ 7.0% cap · market cap 5.40%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $264.1K
    $231.1K – $308.1K (±1% cap)
    NOI $18,484 @ 7.0% cap · market cap 8.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    St Lucie Smoke ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Sam's Club Floral — 1750 SW Gatlin Blvd, Port St. Lucie, FL 34953

    Location Insight

    • Map
    • Local Demand
    City
    Port St Lucie
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.376073
    Latitude
    27.258259

    Nearby Similar for Sale

    • $799,000
      3,404 SF

      Port St. Lucie Professional Building

      High-visibility building suitable for professional offices or medical use.
      756 SE Port St Lucie Boulevard, Port St. Lucie, FL
      View Details
    • $7,000,000
      6,204 SF

      Port St. Lucie Investment Opportunity

      Income-producing commercial plaza with established tenants in a growing area.
      302 SW Tulip Boulevard, Port St. Lucie, FL
      View Details
    • $500,000
      2,200 SF

      Profitable Drycleaning and Laundry Business

      Established drycleaning and laundry business in Port St. Lucie, Florida.
      123 SW Main Street, Port St. Lucie, FL 34953
      View Details
    • $275,000
      3,757 SF

      Golf Course View Corner Lot

      Oversized corner lot with golf course and lake views.
      426 NW Chipshot Lane, Port St Lucie, FL 34986
      View Details
    • $650,000

      Port St. Lucie Commercial Property

      Institutional property suitable for various uses in Port St. Lucie.
      2520 SE Melaleuca Boulevard, Port St. Lucie, FL 34952
      View Details
    • $160,000
      700 SF

      Renovated Office Condo For Sale

      Renovated office condo with efficient layout in convenient location.
      725 SE Port St Lucie Boulevard, Port St. Lucie, FL
      View Details
    • $235,000

      Port St Lucie Showroom/Warehouse

      Turnkey showroom/warehouse in established Port St. Lucie commercial district.
      1459 SE Village Green Drive, Port St Lucie, FL 34952
      View Details
    • $2,750,000
      2,247 SF

      Stabilized Room-Rental Portfolio Opportunity

      Turnkey investment: four homes, 31 rooms, 100% occupied.
      468 SW Prado Avenue, Port St. Lucie, FL 34983
      View Details
    • $165,000
      1,816 SF

      Established Medical Marijuana Clinic Business

      Profitable medical marijuana card clinic with recurring clientele for sale.
      Port St. Lucie, FL 34953
      View Details
    • $850,000

      Port St. Lucie Commercial Property

      Commercial property in a sought-after industrial park.
      440 NW Concourse Place, Port St. Lucie, FL 34986
      View Details
    • $225,000
      1,152 SF

      Villa in St. Lucie West

      Two-bedroom villa with open floor plan and private courtyard.
      1202 NW Sun Terrace Circle, Port St. Lucie, FL 34986
      View Details
    • $175,000

      Resort Property with Golf Course View

      Back-in resort property with stunning golf course and lake views.
      418 NW Chipshot Lane, Port St Lucie, FL 34986
      View Details

    FAQs

    What type of property is this?
    Storefront property - Successful smoke shop with full inventory in prime location.
    Where is this storefront property located?
    The property is located at 914 SW Gatlin Boulevard Port St Lucie, FL.
    What is the asking price?
    The asking price for this property is $224,000.
    What are key features of this property?
    This property features: Established smoke shop with 13+ years of successful operation.; Full inventory included in the sale.; Lease term extends to April 30, 2028.
    (606) 369-6530
    We can help!
    Listing Contact
    Lisa Wilburn
    Real Estate License ID: 3566906
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    914 SW Gatlin Boulevard, Port St. Lucie, FL 34953
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!