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Class A Office Suite with Impact Windows
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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 Market21

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
Listed By: Ademil Castrillo · License #3491033
Source: Moodyscre
Added: Jul 10 Changed: Jul 30 Last Checked: Jul 30 at 12:06PM

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

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.

Key Highlights

  • Suite 403 fully built out office suite
  • 1,085 SF +/-
  • Class A office layout with three offices

Financial Insights For Office B

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 $23.4k $21.60
− Vacancy −$5.2k −$4.75
EGI $18.3k $16.85
− OpEx −$4.6k −$4.21
NOI $13.7k $12.64
1,085 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$195.9K
$171.4K – $228.5K (±1% cap)
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 (±1% cap)
NOI $19,100 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Veterinary Clinic Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,475
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Fully built-out office suite zoned Central Commercial with three offices, boardroom, reception, and impact windows.
Where is this office units 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
(772) 201-6212 Call to check price and availability
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