Former Salon Retail
For Sale
Contact for pricing
3731 Oleander # 102, Fort Pierce, FL 34982
The space previously served as a hair salon.
Property Size1,209 SF
Price / SF$1.45
Days on Market604
Property Features for 3731 Oleander # 102
General Information
Standard status
Active
Size
1,209 SF
Property subtype
Commercial
Zoning
General commercial
Taxes and HOA fees
Annual Taxes
$20,758
Building Details
Building Size
1,209 SF
Listing Agency:
Grand Real Estate Company
Listed By:
Eugene Noska · License #3125325
(954) 822-0556
Source:
Rennyrealty
Added: Mar 9, 2025
Changed: Oct 31
Last Checked: Oct 31 at 3:11AM
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 Grand Real Estate Company
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 1,209-square-foot retail suite in Fort Pierce was previously used as a hair salon. The property is in a General commercial zone, which supports a range of uses.
Situated on Oleander Avenue, the suite is west of US 1.
Situated on Oleander Avenue, the suite is west of US 1.
Key Highlights
- 1,209 SF retail suite
- Previously used as a hair salon
- Located in a General commercial zone
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,939
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,780
$278.8K
Cap Rate 7%
$199,129
$199.1K
Cap Rate 9%
$154,878
$154.9K
Market Conditions
NOI Build-Up for 1,209 SF
Gross rent
$21.8K $18.00/SF
− Vacancy
−$1.8K −$1.53/SF
EGI
$19.9K $16.47/SF
− OpEx
−$6.0K −$4.94/SF
NOI
$13.9K $11.53/SF
Area
St. Lucie County, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,780
Cap Rate 7%
$199,129
Cap Rate 9%
$154,878
Alternative Uses
Best Use
Retail
$199.1K
$174.2K – $232.3K
NOI $13,939 @ 7.0% cap · market cap 796.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$304.0K
$266.0K – $354.7K
NOI $21,283 @ 7.0% cap · market cap 1,216.17%
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
371
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 100%
Champs Sports
Apparel
1,780 visits/mo
0.4 miles
Demographics for 34982, FL
27,067
Population
12,356
Households
2.2
Avg Household Size
43
Median Age
15%
College-Educated
84%
High-School Grad
15.5 sq mi
ZIP Area
1,746
Density / Sq Mi
$54,025
Median Household Income
$33,661
Median Earnings
$1,254
Median Rent
$228,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The space previously served as a hair salon.
Where is this retail space located?
The property is located at 3731 Oleander # 102 Fort Pierce, FL.
What are key features of this property?
This property features: 1,209 SF retail suite; Previously used as a hair salon; Located in a General commercial zone
