Class A Office Suite with Impact
For Sale
Contact for pricing
130-171 S Indian River Dr, Fort Pierce, FL 34950
Fully built-out office suite zoned Central Commercial with three offices, boardroom, reception, and impact windows.
Property Size1,085 SF
Price / SF$391.71
Days on Market112
Property Features for 130-171 S Indian River Dr
General Information
Standard status
Active
Size
1,085 SF
Class
Class A
Property subtype
OFFICE
Zoning
Central Commercial
Listing Agency:
Bray Companies
(561) 510-2225
Listed By:
Ademil Castrillo · License #3491033
(772) 201-6212
Source:
Moodyscre
Added: Jul 10
Changed: Oct 25
Last Checked: Oct 28 at 5:21AM
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 Bray Companies
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Fully built-out Class A office suite offered as Suite 403, totaling 1,085 SF +/-. The space is arranged with three offices plus a boardroom, reception area, breakroom, and an admin office, providing a functional layout for professional teams.
The suite is zoned Central Commercial, supporting professional use. It also features impact windows.
This is a well-defined, plug-and-ready office environment with interior spaces organized for meetings, client-facing reception, and day-to-day administration.
The suite is zoned Central Commercial, supporting professional use. It also features impact windows.
This is a well-defined, plug-and-ready office environment with interior spaces organized for meetings, client-facing reception, and day-to-day administration.
Key Highlights
- Suite 403 fully built out office suite
- 1,085 SF +/-
- Class A office layout with three offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,710
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,200
$274.2K
Cap Rate 7%
$195,857
$195.9K
Cap Rate 9%
$152,333
$152.3K
Market Conditions
NOI Build-Up for 1,085 SF
Gross rent
$23.4K $21.60/SF
− Vacancy
−$5.2K −$4.75/SF
EGI
$18.3K $16.85/SF
− OpEx
−$4.6K −$4.21/SF
NOI
$13.7K $12.64/SF
Area
St. Lucie County, FL
Vacancy
22.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,200
Cap Rate 7%
$195,857
Cap Rate 9%
$152,333
Alternative Uses
Best Use
Office B
$195.9K
$171.4K – $228.5K
NOI $13,710 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$272.9K
$238.8K – $318.3K
NOI $19,100 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,475
Businesses Nearby
Explore this area
Business Placement
Demographics for 34950, FL
16,582
Population
8,055
Households
2.1
Avg Household Size
37
Median Age
14%
College-Educated
64%
High-School Grad
5.2 sq mi
ZIP Area
3,189
Density / Sq Mi
$32,707
Median Household Income
$29,214
Median Earnings
$1,121
Median Rent
$175,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Fully built-out office suite zoned Central Commercial with three offices, boardroom, reception, and impact windows.
Where is this office unit located?
The property is located at 130-171 S Indian River Dr Fort Pierce, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Suite 403 fully built out office suite; 1,085 SF +/-; Class A office layout with three offices
