Freestanding
8883 S US Highway 1 Port St Lucie, FL 34952
8883 S US Highway 1, Port St Lucie, FL, 34952
$7,500,000
Pending
For Sale
$7,500,000
Pending
Freestanding office and warehouse offering a 35,000 SF air-conditioned concrete structure with four loading docks.
Property Size59,553 SF
Days on Market1939
Property Features for 8883 S US Highway 1
General Information
- Standard status
- Pending
- Size
- 59,553 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2002
Listing agency
Total R E Consultants Inc
(954) 224-8773
Listed by
J. Josep Pelayo · License #A11699735
(954) 224-8773
Source
Xome
Added: Apr 2, 2021 Updated: Jul 22 at 1:40PM Checked: Jul 22 at 1:40PM
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 Total R E Consultants Inc
Investment Insights
Based on property information with market context.
Freestanding office/warehouse totaling 59,553 SF, featuring an air-conditioned construction reinforced concrete portion totaling 35,000 SF. The building includes a reception area and elevator access, along with conference rooms and private restrooms. Operational support is provided through four loading docks and a clear ceiling height of 24 to 30 feet. Power supply is listed at 1,200 amps.
The property is offered for sale and is zoned CS, making it suited for users needing both office and warehouse functionality under the current zoning designation.
Additional functional details include on-site office-oriented spaces and loading capabilities, supported by the reinforced concrete construction and the stated ceiling height for warehouse use.
The property is offered for sale and is zoned CS, making it suited for users needing both office and warehouse functionality under the current zoning designation.
Additional functional details include on-site office-oriented spaces and loading capabilities, supported by the reinforced concrete construction and the stated ceiling height for warehouse use.
Key Highlights
- Freestanding office/warehouse totaling 59,553 SF with a 35,000 SF air‑conditioned reinforced concrete structure
- 4 loading docks plus elevator access, with reception area and conference rooms on site
- Private restrooms and 3 guest facilities
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.00M | $16.80 |
| − Vacancy | −$112.1k | −$1.88 |
| EGI | $888.4k | $14.92 |
| − OpEx | −$311.0k | −$5.22 |
| NOI | $577.5k | $9.70 |
59,553 SF · lease $16.80/SF/yr · vacancy 11.20% · expense 35.00%
Alternative Uses
Best Use
Office B
$10.75M
$9.41M – $12.54M
NOI $752,512 @ 7.0% cap · market cap 10.03%
Second Best
Flex RnD
$8.25M
$7.22M – $9.62M
NOI $577,483 @ 7.0% cap · market cap 7.70%
Theoretical Best
Office A
$14.98M
$13.10M – $17.47M
NOI $1,048,371 @ 7.0% cap · market cap 13.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Culinary Village Catering, LLC — 1592 se village green dr suite d, port st. lucie, fl 34952
- ArcAngels CATERING — 8741 SE Townplace Blvd, Port St. Lucie, FL 34952
- Paella Grill Catering — 8741 S U.S. Hwy 1, Port St. Lucie, FL 34952
FAQs
What type of property is this?
Flex space - Freestanding office and warehouse offering a 35,000 SF air-conditioned concrete structure with four loading docks.
Where is this flex space located?
The property is located at 8883 S US Highway 1 Port St Lucie, FL.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Freestanding office/warehouse totaling 59,553 SF with a 35,000 SF air‑conditioned reinforced concrete structure; 4 loading docks plus elevator access, with reception area and conference rooms on site; Private restrooms and 3 guest facilities
