New Industrial Warehouse Near
For Sale
$650,000
2933 Harson Way, Fort Pierce, FL 34946
New 3,000 SF warehouse near Treasure Coast International Airport.
Property Size3,000 SF
Lot Size0.25 Acres
Price / SF$216.67
Days on Market126
Property Features for 2933 Harson Way
General Information
Standard status
Active
Size
3,000 SF
Lot size
0.25 Acres
Zoning
Indust
Taxes and HOA fees
Annual Taxes
$915
Building Details
Year Built
2026
Stories
1
Listing Agency:
LPT Realty, LLC
(772) 713-4204
Listed By:
John C DiGirolomo · License #3458838
(772) 713-4204
Source:
Laerrealty
Added: Apr 24
Changed: Aug 23
Last Checked: Aug 26 at 5:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty, LLC
Investment Insights
Based on property information with market context.
This new 3,000 square foot steel warehouse is slated for delivery in early March 2026. Located in Fort Pierce, it offers proximity to Treasure Coast International Airport. The property provides an opportunity for owner-users or investors. The building features a 50' x 60' clear-span layout, suitable for service, trade, and light industrial uses. It includes two 12-foot roll-up doors for loading and vehicle access, along with 400 amps of three-phase power. Situated on an approximately ¼-acre lot, the property provides usable yard space, on-site parking, and efficient circulation. The location has a walk score of 19, indicating car-dependent accessibility, and a bike score of 40, indicating it is somewhat bikeable.
Key Highlights
- Brand‑new 3,000 sq ft steel warehouse with delivery in early March 2026.
- Rare owner‑user/investor opportunity near Treasure Coast International Airport.
- 50' x 60' clear‑span layout suitable for service, trade, and light industrial uses.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,682
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$513,640
$513.6K
Cap Rate 7%
$366,886
$366.9K
Cap Rate 9%
$285,356
$285.4K
Market Conditions
NOI Build-Up for 3,000 SF
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.
Gross rent
$37.4K $12.48/SF
− Vacancy
−$7.2K −$2.41/SF
EGI
$30.2K $10.07/SF
− OpEx
−$4.5K −$1.51/SF
NOI
$25.7K $8.56/SF
Area
St. Lucie County, FL
Vacancy
19.30%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$513,640
Cap Rate 7%
$366,886
Cap Rate 9%
$285,356
Alternative Uses
Best Use
Warehouse
$366.9K
$321.0K – $428.0K
NOI $25,682 @ 7.0% cap · market cap 3.95%
Second Best
Industrial
$302.1K
$264.4K – $352.5K
NOI $21,150 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$754.5K
$660.2K – $880.2K
NOI $52,812 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34946, FL
6,793
Population
3,435
Households
2
Avg Household Size
42
Median Age
14%
College-Educated
72%
High-School Grad
15.2 sq mi
ZIP Area
447
Density / Sq Mi
$40,488
Median Household Income
$27,591
Median Earnings
$1,000
Median Rent
$128,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- StoragePUP of Fort Pierce — 2303 US-1, Fort Pierce, FL 34946
- Storage King USA — 2448 US-1, Fort Pierce, FL 34946
- Sea Coast Self Storage — St Lucie, FL 34946
- Stow & Go Storage — 2450 US-1, Fort Pierce, FL 34946
- Discovery Boat & RV Storage — 2660 US-1, Fort Pierce, FL 34946
Frequently Asked Questions
What type of property is this?
Warehouse - New 3,000 SF warehouse near Treasure Coast International Airport.
Where is this warehouse located?
The property is located at 2933 Harson Way Fort Pierce, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Brand‑new 3,000 sq ft steel warehouse with delivery in early March 2026.; Rare owner‑user/investor opportunity near Treasure Coast International Airport.; 50' x 60' clear‑span layout suitable for service, trade, and light industrial uses.
