Flex Space with Drive-Through
New
For Sale
$240,000
1252 SW Biltmore Street, Port St Lucie, FL 34983
A roll-up door and street-to-street vehicle access support truck and van movement.
Property Size1,225 SF
Price / SF$195.92
Days on Market4
Property Features for 1252 SW Biltmore Street
General Information
Standard status
Active
Size
1,225 SF
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Drive-In Doors
1
Building Details
Year Built
2006
Listing Agency:
ALLO Realty Inc
(772) 878-4422
Listed By:
Marjorie A. Milam · License #654857
(772) 216-5718
Source:
Lehmannflorida
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 6:37AM
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 ALLO Realty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space contains 1,225 square feet and includes a roll-up door. The office area is equipped with window air conditioning, and the property was built in 2006.
Street-to-street access allows vehicles to enter from one side and exit onto another. I-95 and the Florida Turnpike are minutes away, with access suited to trucks and vans.
Street-to-street access allows vehicles to enter from one side and exit onto another. I-95 and the Florida Turnpike are minutes away, with access suited to trucks and vans.
Key Highlights
- 1,225 square feet of flex space
- Roll‑up door
- Street‑to‑street drive‑through access for trucks and vans
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,879
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,580
$237.6K
Cap Rate 7%
$169,700
$169.7K
Cap Rate 9%
$131,989
$132.0K
Market Conditions
NOI Build-Up for 1,225 SF
Gross rent
$20.6K $16.80/SF
− Vacancy
−$2.3K −$1.88/SF
EGI
$18.3K $14.92/SF
− OpEx
−$6.4K −$5.22/SF
NOI
$11.9K $9.70/SF
Area
St. Lucie County, FL
Vacancy
11.20%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,580
Cap Rate 7%
$169,700
Cap Rate 9%
$131,989
Alternative Uses
Best Use
Flex RnD
$169.7K
$148.5K – $198.0K
NOI $11,879 @ 7.0% cap · market cap 4.95%
Second Best
Warehouse
$149.8K
$131.1K – $174.8K
NOI $10,487 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$308.1K
$269.6K – $359.4K
NOI $21,565 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34983, FL
43,654
Population
17,799
Households
2.5
Avg Household Size
42
Median Age
27%
College-Educated
91%
High-School Grad
14.9 sq mi
ZIP Area
2,930
Density / Sq Mi
$72,787
Median Household Income
$40,538
Median Earnings
$1,739
Median Rent
$293,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Sunlight Kitchen — 477 SW Cashmere Blvd, Port St. Lucie, FL 34986
Frequently Asked Questions
What type of property is this?
Flex space - A roll-up door and street-to-street vehicle access support truck and van movement.
Where is this flex space located?
The property is located at 1252 SW Biltmore Street Port St Lucie, FL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 1,225 square feet of flex space; Roll‑up door; Street‑to‑street drive‑through access for trucks and vans
