16050 Orange Avenue, Fort Pierce, FL
COMMERCIAL - Fort Pierce, FL
Property Features for 16050 Orange Avenue
General Information
Taxes and HOA fees
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The premises are fully fenced and secured with chain-link fencing, with covered parking available for up to 10 vehicles. The property also includes a convenient parts counter. Built in 1986 and renovated in 2021, the facility is served by public water and public sewer, with cable available. Heating is electric with central distribution, and cooling is provided via central air and electric systems.
Key Highlights
- 1.98‑acre industrial warehouse property with light industrial zoning
- 14,224 SF building with 2,741 SF office, 2,626 SF warehouse, and 3,354 SF shop area
- Fully fenced and secured with chain‑link fencing
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 | $307.2k | $21.60 |
| − Vacancy | −$67.6k | −$4.75 |
| EGI | $239.6k | $16.85 |
| − OpEx | −$59.9k | −$4.21 |
| NOI | $179.7k | $12.64 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Market
Properties on Market for Warehouses in Fort Pierce
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Orange Ave Inland Storage — 15601 Orange Ave #4212, Fort Pierce, FL 34945