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Port St. Lucie Warehouse Opportunity
For Sale
$2,550,000

2100 SW Conant Avenue Port St Lucie Florida 34953, Fort Pierce, FL 34953

12,350-square-foot warehouse on a 1.014-acre lot in Port St. Lucie

Property Size12,350 SF
Lot Size1.01 Acres
Price / SF$206.48
Days on Market645

Property Features for 2100 SW Conant Avenue Port St Lucie Florida 34953

General Information

Standard status Active
Property type Warehouses, Industrial live-work properties, Other industrial properties, Industrial properties, Mixed-use properties
Size 12,350 SF
Elevators N/A
Lot size 1.01 Acres

Building Details

Year Built 1989
Listed By: Stuart Duffin
Added: Jan 9, 2025 Changed: Mar 16
Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 12,350-square-foot warehouse is located in Port St. Lucie, Florida, on a 1.014-acre lot. The property is suitable for various industrial uses and features an expansive, open floor plan that offers flexibility for customization. High ceilings and robust construction ensure durability. The property benefits from convenient access to major roadways, enhancing logistical efficiency. The substantial lot size provides extensive parking and loading areas, with potential for future expansion. The warehouse is located at 2100 SW Conant Avenue and is fenced-in. The property is zoned for various industrial uses, making it an attractive option for businesses seeking a strategic location and substantial space.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$166,725
Cap Rate
6.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,334,500 $3.3M
Cap Rate 7%
$2,381,786 $2.4M
Cap Rate 9%
$1,852,500 $1.9M
Market Conditions
NOI Build-Up for 12,350 SF
Gross rent
$296.4K $24.00/SF
− Vacancy
−$29.6K −$2.40/SF
EGI
$266.8K $21.60/SF
− OpEx
−$100.0K −$8.10/SF
NOI
$166.7K $13.50/SF
Area
St. Lucie County, FL
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,334,500
Cap Rate 7%
$2,381,786
Cap Rate 9%
$1,852,500

Alternative Uses

Best Use
Mixed Use
$2.38M
$2.08M – $2.78M (±1% cap)
NOI $166,725 @ 7.0% cap · market cap 6.54%
Second Best
Warehouse
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,724 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$3.11M
$2.72M – $3.62M (±1% cap)
NOI $217,409 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Industrial properties

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby
Under-served
Demand for This Use

Demographics for 34953, FL

77,023
Population
28,131
Households
2.7
Avg Household Size
39
Median Age
23%
College-Educated
90%
High-School Grad
23.8 sq mi
ZIP Area
3,236
Density / Sq Mi
$81,028
Median Household Income
$39,348
Median Earnings
$1,902
Median Rent
$326,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - 12,350-square-foot warehouse on a 1.014-acre lot in Port St. Lucie
Where is this warehouse located?
The property is located at 2100 SW Conant Avenue Port St Lucie Florida 34953 Fort Pierce, FL.
What is the asking price?
The asking price for this property is $2,550,000.
More about this property
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