Industrial Property For
1620 Orange Ave, Fort Pierce, FL 34950
For Sale
$1,100,000
6,600 SqFt industrial property available for purchase.
Property Size6,600 SF
Price / SF$166.67
Days on Market229
Property Features for 1620 Orange Ave
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Vaaler Commercial Real Estate
Listed By:
Rich Vaaler · License FL #0225198687
(703) 431-4513
Source:
Vaaler
Added: Mar 27
Changed: Nov 3
Last Checked: Nov 10 at 7:06AM
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 Vaaler Commercial Real Estate
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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.
This industrial property offers 6,600 square feet of space and is available for sale.
Key Highlights
- Industrial Property
- 6,600 SqFt
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,530
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$930,600
$930.6K
Cap Rate 7%
$664,714
$664.7K
Cap Rate 9%
$517,000
$517.0K
Market Conditions
NOI Build-Up for 6,600 SF
Gross rent
$82.4K $12.48/SF
− Vacancy
−$15.9K −$2.41/SF
EGI
$66.5K $10.07/SF
− OpEx
−$19.9K −$3.02/SF
NOI
$46.5K $7.05/SF
Area
St. Lucie County, FL
Vacancy
19.30%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$930,600
Cap Rate 7%
$664,714
Cap Rate 9%
$517,000
Alternative Uses
Best Use
Industrial
$664.7K
$581.6K – $775.5K
NOI $46,530 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,186 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
755
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
$175,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Industrial properties in Fort Pierce, FL
Properties on Market for Industrial properties in Fort Pierce
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial property - 6,600 SqFt industrial property available for purchase.
Where is this industrial property located?
The property is located at 1620 Orange Ave Fort Pierce, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Industrial Property; 6,600 SqFt
