Freestanding Medical Office
1912 Nebraska Avenue, Fort Pierce, FL 34950
For Sale
$625,000
Commercial Sale, Fort Pierce, FL
Property Size2,100 SF
Price / SF$297.62
Days on Market379
Property Features for 1912 Nebraska Avenue
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Subdivision
Standard status
APN
Size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Coldwell Banker Paradise · Coldwell Banker Real Estate
(772) 461-3250
Listed By:
Thomas Rouse · License #3444171
(772) 201-5902
Added: Oct 27, 2025
Changed: Nov 5
Last Checked: Nov 9 at 4:06AM
MLS# R11136378
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.
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Investment Insights
Based on property information with market context.
This freestanding medical office building contains 2,100 square feet with three exam rooms, four bathrooms, two offices, a reception area, workstations, storage, and separate employee and doctor break rooms. The doctor’s bathroom includes a full shower. Linoleum and carpet flooring, central heating, and central air support the existing office layout. The HVAC system was replaced on 12/28/21, and the exterior was newly painted.
The property includes nine parking spaces, a circle driveway for patient drop-off, and a private carport for the doctor. Built in 1983, the frame construction includes a composition roof and public water and sewer service. The building is zoned Co Office and is located less than 500 feet from Lawnwood Medical Center in Fort Pierce.
The property includes nine parking spaces, a circle driveway for patient drop-off, and a private carport for the doctor. Built in 1983, the frame construction includes a composition roof and public water and sewer service. The building is zoned Co Office and is located less than 500 feet from Lawnwood Medical Center in Fort Pierce.
Key Highlights
- 2,100‑square‑foot freestanding medical office building
- Three exam rooms and four bathrooms, including a full shower in the doctor’s bathroom
- Nine parking spaces plus circle‑drive patient drop‑off area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,418
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,360
$568.4K
Cap Rate 7%
$405,971
$406.0K
Cap Rate 9%
$315,756
$315.8K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$52.9K $25.20/SF
− Vacancy
−$5.6K −$2.65/SF
EGI
$47.4K $22.55/SF
− OpEx
−$18.9K −$9.02/SF
NOI
$28.4K $13.53/SF
Area
St. Lucie County, FL
Vacancy
10.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,360
Cap Rate 7%
$405,971
Cap Rate 9%
$315,756
Alternative Uses
Best Use
Healthcare Medical
$406.0K
$355.2K – $473.6K
NOI $28,418 @ 7.0% cap · market cap 4.55%
Second Best
Office B
$379.1K
$331.7K – $442.3K
NOI $26,536 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$528.1K
$462.1K – $616.1K
NOI $36,968 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,074
Businesses Nearby
Under-served
Demand for This Use
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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
$175,900
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Fort Pierce, FL
Properties on Market for Medical Office Space in Fort Pierce
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Animal Clinic of Fort Pierce: Cathy Scott, DVM — 2508 okeechobee rd, fort pierce, fl 34947
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-office medical facility with exam rooms, patient drop-off access, and dedicated parking.
Where is this medical office space located?
The property is located at 1912 Nebraska Avenue Fort Pierce, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2,100‑square‑foot freestanding medical office building; Three exam rooms and four bathrooms, including a full shower in the doctor’s bathroom; Nine parking spaces plus circle‑drive patient drop‑off area
