Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3801 Oleander Ave Fort Pierce, FL 34982

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,900 /Mo

    Flexible leasing options in a busy industrial corridor.

    Lot size:
    1.55 Acres

    Property Features for 3801 Oleander Ave

    General Information

    Property type
    Industrial
    Standard status
    Active
    Lot size
    1.55 Acres

    Building Details

    Year built
    2023

    We can help!

    Listing Contact
    Erika Sabrina Sanchez
    Source: Elliman

    Listing Agency: CENTURY 21 Tenace Realty Listing Agent: Erika Sabrina Sanchez

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

    Learn more

    Overview

    Modern Flex Office Spaces

    These modern flex office spaces are ideal for contractors, remodelers, roofers, HVAC, plumbers, electricians, landscapers, pool services, e-commerce operators, cabinet and countertop makers, and tile and flooring showrooms. Each 1500-square-foot space includes a showroom or office, a private bathroom, and a functional warehouse or storage area. Six spaces are available, and flexible leasing options are offered for single or multiple units. The property is move-in ready, sleek, and versatile. Situated on Oleander Avenue, a busy industrial corridor, it provides excellent access to I-95, US-1, and the Florida Turnpike.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.3357549
    Latitude
    27.3917755

    Nearby Similar for Lease

    • $15 SF/Yr
      1,500 SF

      Modern Flex Office Spaces Available

      Flexible leasing options in a busy industrial corridor.
      3801 Oleander Ave, Fort Pierce, FL 34982
      View Details
    • $15 SF/Yr
      1,500 SF

      Modern Flex Office Spaces Available

      Modern flex office spaces for lease in Fort Pierce, Florida.
      3801 Oleander Ave, Fort Pierce, FL 34982
      View Details
    • $15 SF/Yr
      1,500 SF

      Modern Flex Office Spaces Available

      Flexible leasing options in a busy industrial corridor.
      3801 Oleander Ave, Fort Pierce, FL 34982
      View Details
    • $4,500 /Mo
      2,000 SF

      Remodeled Commercial Building with Parking

      2000 sq ft commercial building with parking in Fort Pierce.
      3801 Okeechobee Rd, Fort Pierce, FL 34947
      View Details
    • $15 SF/Yr
      1,500 SF

      Modern Flex Office Spaces Available

      Modern flex office spaces for lease in Fort Pierce, FL.
      3801 Oleander Ave, Fort Pierce, FL 34982
      View Details
    • $15 SF/Yr
      1,500 SF

      Modern Flex Office Spaces

      Modern flex spaces ideal for various businesses, move-in ready.
      3801 Oleander Ave, Fort Pierce, FL 34982
      View Details
    • $16 SF/Yr
      56,628 SF

      Landmark Office Building in Fort Pierce

      5,400 SF office space available for lease.
      2222 Colonial Rd, Fort Pierce, FL 34950
      View Details
    • $17 SF/Yr
      23,087 SF

      Fort Pierce Commercial Rental Space

      Commercial rental with office and warehouse space in Fort Pierce.
      405 Angle Rd, Fort Pierce, FL 34947
      View Details
    • $1,200 /Mo
      4,500 SF

      Ocean View Office Suite

      Second-floor office suite with ocean views available for lease.
      221 S Ocean Dr, Fort Pierce, FL 34949
      View Details
    • $3,000 /Mo
      998 SF

      Flexible Co-working Space Available

      Turnkey co-working space in St. Lucie West.
      300 NW Bethany Dr, Saint Lucie West, FL 34986
      View Details
    • $26 SF/Yr
      46,609 SF

      Freestanding Building on US Highway

      General Commercial zoning ideal for retail, medical, or restaurant.
      10244 S Us Highway 1, Port St Lucie, FL 34952
      View Details
    • $275,000
      1,155 SF

      Fort Pierce Retail Investment Opportunity

      Commercial property with high visibility, convenient access, and redevelopment potential.
      1901 Orange Ave, Fort Pierce, FL 34950
      View Details

    FAQs

    What type of property is this?
    Flex space - Flexible leasing options in a busy industrial corridor.
    Where is this flex space located?
    The property is located at 3801 Oleander Ave Fort Pierce, FL.
    What is the lease rate?
    The lease rate is $1,900 /Mo.
    What are key features of this property?
    This property features: - Move-in ready, modern flex office spaces suitable for a variety of businesses.; - Excellent access to I-95, US-1, and the Florida Turnpike.; - Located on Oleander Avenue, a busy industrial corridor.
    (305) 299-9478
    Request Owner's contact information
    3801 Oleander Ave Fort Pierce, FL 34982
    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.
    3801 Oleander Ave
    Fort Pierce, FL 34982
    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
    3801 Oleander Ave Fort Pierce, FL 34982
    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
    Erika Sabrina Sanchez
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!