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Warehouse with Office and Shop Area
For Sale
$3,299,000

16050 Orange Avenue, Fort Pierce, FL

COMMERCIAL - Fort Pierce, FL

Property Size14,224 SF
Lot Size1.98 Acres
Price / SF$231.93
Days on Market125

Property Features for 16050 Orange Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Industrial
Parking 12
Parking features Covered
Security features Security System
Fencing Fenced, Chain Link
Directions I95 NORTH, EXIT ORANGE AVENUE, MAKE LEFT
Subdivision 7300
Standard status Active
APN 221213300010003
Size 14,224 SF
Lot size 1.98 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 12 35 38 W 150 FT OF S 574 FT OF THAT PART OF SW 1/4 OF NE 1/4 LYG N OF ORANGE AV AND E OF CANAL #57 (1.98 AC) (OR 3548-1964)
Tax Annual Amount 15400
Legal Description 12 35 38 W 150 FT OF S 574 FT OF THAT PART OF SW 1/4 OF NE 1/4 LYG N OF ORANGE AV AND E OF CANAL #57 (1.98 AC) (OR 3548-1964)

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Amenities

fenced and secured premises
covered parking
parts counter

Building Details

Year built 1986
Floors in Building 2
Building materials Metal Frame, Metal Siding
Roof type Metal
Listing Agency: Coldwell Banker Paradise · Coldwell Banker Real Estate
Listed By: Frank Strazzulla · License #3339351
Added: Apr 2 Changed: Aug 2 Last Checked: Aug 4 at 2:06PM
MLS# B26010913

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Industrial warehouse facility on 1.98 acres of light industrial-zoned property, featuring a 14,224 SF building. The layout includes 2,741 SF of office space, 2,626 SF of warehouse space, and an additional 3,354 SF of shop area, supported by metal frame construction with metal siding and a metal roof.

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
14,224 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.57M
$2.25M – $3.00M (±1% cap)
NOI $179,734 @ 7.0% cap · market cap 5.45%
Second Best
Warehouse
$1.74M
$1.52M – $2.03M (±1% cap)
NOI $121,767 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$3.58M
$3.13M – $4.17M (±1% cap)
NOI $250,399 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Agri Services International Agricultural Service

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Storage Facility Kitchen & Bath Showroom Auto Parts Store Garden Center

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

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

502
Businesses Nearby
Under-served
Demand for This Use

Market

Properties on Market for Warehouses in Fort Pierce

Feb
Mar
Apr
May
Jun
Jul

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Orange Ave Inland Storage 15601 Orange Ave #4212, Fort Pierce, FL 34945

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse on 1.98 acres with office and shop space, secured chain-link fencing, and covered parking.
Where is this warehouse located?
The property is located at 16050 Orange Avenue Fort Pierce, FL.
What is the asking price?
The asking price for this property is $3,299,000.
What are key features of this property?
This property features: 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
More about this property
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