Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10770 SW Village Pkwy Port Saint Lucie, FL 34987

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in a master-planned community shopping center.

    Property size:
    2,800 SF
    Lot size:
    22.28 Acres

    Property Features for 10770 SW Village Pkwy

    General Information

    Size
    2,800 SF
    Lot size
    22.28 Acres

    We can help!

    Listing Contact
    Ryan Joyce
    Ryan Joyce
    Source: Moodyscre

    Listing Agent: Ryan Joyce

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Space in Tradition

    Located in the master-planned community of Tradition in Port St. Lucie, Florida, this retail space is part of a market-dominant community shopping destination. The Landing at Tradition is anchored by Target, Burlington, Ross, DSW, T.J. Maxx, Homesense, and Ulta. The property offers 2,800 square feet of space. An unprecedented number of single-family homes are currently under construction in communities surrounding the center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Sunglass Outfitters by Sunglass Hut, Tradition Village Center, Gatlin Plaza PSL, The Landing at Tradition

    Location Insight

    • Map
    • Local Demand
    City
    Port Saint Lucie
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.4262591
    Latitude
    27.2680682

    Nearby Similar for Lease

    • $3,300 /Mo
      1,524 SF

      Mixed-Use Property Near Turnpike

      Flexible mixed-use property with residential and commercial potential.
      1892 SW Biltmore St, Port Saint Lucie, FL 34984
      View Details
    • $2,800 /Mo
      1,524 SF

      Versatile Commercial Property with Residence

      Commercial property with residence near Florida's Turnpike and I-95.
      481 SW Voltair Ter, Port Saint Lucie, FL 34984
      View Details
    • $275,000

      Profitable Office Space with Tenants

      Turnkey office property with long-term tenants and immediate cash flow.
      544 NW University Blvd Blvd, Port Saint Lucie, FL 34986
      View Details
    • $14 SF/Yr
      48,720 SF

      Port St. Lucie Flex Building

      Industrial flex building with air-conditioned office space for lease.
      651 NW Enterprise Dr, Port Saint Lucie, FL 34986
      View Details
    • $24 SF/Yr
      1,250 SF

      Visible Corner Office Space Available

      Highly visible office space with excellent exposure and convenient access.
      481 SW Port St Lucie Blvd, Port Saint Lucie, FL 34953
      View Details
    • $27 SF/Yr
      2,965 SF

      Tradition Village Office Space Available

      Office space in a dynamic live-work-play community.
      10801 S Village Center Dr, Port Saint Lucie, FL 34987
      View Details
    • $20 SF/Yr
      5,000 SF

      Warehouse with Office Buildout

      5,000 SF warehouse with office space for lease.
      603-617 NW Mercantile Pl, Port Saint Lucie, FL 34986
      View Details
    • $1,360 /Mo
      11,120 SF

      Retail Spaces on US Highway 1

      Retail spaces available in a busy Port St. Lucie shopping center.
      10502-10558 Prt St. Lucie, Port Saint Lucie, FL 34952
      View Details
    • $20 SF/Yr
      2,020 SF

      Flex Warehouse with Office Space

      Flex warehouse with office space, convenient location near I-95.
      532 NW Mercantile Pl, Port Saint Lucie, FL 34986
      View Details
    • $14 SF/Yr
      1,536 SF

      Industrial Flex Building in Port

      Small bay industrial flex building in excellent condition for rent.
      645-651 NW Enterprise Dr, Port Saint Lucie, FL 34986
      View Details
    • $3,500 /Mo
      1,604 SF

      Shared Medical Office Space

      Shared medical office space available near hospital and major roadways.
      10377 S Us Hwy, Port Saint Lucie, FL
      View Details
    • $3,000 /Mo
      1,200 SF

      Turn-Key Barbershop Ready for Lease

      Equipped barbershop in busy plaza, ready for immediate occupancy.
      302 SW Tulip Blvd, Port Saint Lucie, FL 34953
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in a master-planned community shopping center.
    Where is this shopping center located?
    The property is located at 10770 SW Village Pkwy Port Saint Lucie, FL.
    What are key features of this property?
    This property features: - Market-dominant community shopping destination.; - Located in the master-planned community of Tradition.; - Anchored by major retailers: Target, Burlington, Ross, DSW, T.J. Maxx, Homesense, and Ulta.
    (317) 577-5600
    Request Owner's contact information
    10770 SW Village Pkwy Port Saint Lucie, FL 34987
    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.
    10770 SW Village Pkwy
    Port Saint Lucie, FL 34987
    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
    10770 SW Village Pkwy Port Saint Lucie, FL 34987
    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

    We can help!
    Listing Contact
    Ryan Joyce
    Ryan Joyce
    (317) 577-5600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.