Listing Agency: Jeremiah Baron & Co. Show Phone

Listed By: Conor Mackin · License #BK3495289 Show Phone

Source: Moodyscre

Added: Jul 1 Changed: Oct 23 Last Checked: Oct 23 at 11:09AM

Report an Issue

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 Jeremiah Baron & Co.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This mixed-use property totals approximately 3,048 SF and includes an operating 2,500 SF car wash that is leased, along with a fully furnished 600 SF second-floor apartment. The apartment features one bedroom and one bathroom. The warehouse building is comprised of three 500 SF bays, supporting flexible functional use within the overall site.

Set on a corner with excellent accessibility, the property is immediately near Orange Avenue, US-1, and I-95, supporting convenient ingress and egress for customers and deliveries.

Overall, the configuration combines a car wash operation with on-site residential space and a bay-style warehouse component, all within one cohesive facility.

Key Highlights

• Mixed‑use property totaling approximately 3,048 SF
• Operating 2,500 SF self‑service car wash is leased
• Fully furnished 600 SF second‑floor apartment with 1 bedroom and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$45,526

Cap Rate

8.29%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$910,520 $910.5K

Cap Rate 7%

$650,371 $650.4K

Cap Rate 9%

$505,844 $505.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,048 SF

Gross rent

$65.8K $21.60/SF

− Vacancy

−$5.1K −$1.68/SF

EGI

$60.7K $19.92/SF

− OpEx

−$15.2K −$4.98/SF

NOI

$45.5K $14.94/SF

Area

St. Lucie County, FL

Vacancy

7.80%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$910,520

Cap Rate 7%

$650,371

Cap Rate 9%

$505,844

Alternative Uses

Best Use

Specialty Retail

$650.4K

$569.1K – $758.8K (±1% cap)

NOI $45,526 @ 7.0% cap · market cap 8.29%

Second Best

Retail

$502.0K

$439.3K – $585.7K (±1% cap)

NOI $35,140 @ 7.0% cap · market cap 6.40%

Theoretical Best

Office A

$766.5K

$670.7K – $894.3K (±1% cap)

NOI $53,657 @ 7.0% cap · market cap 9.77%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

Current Use

Self service car ...

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Spa & Massage Center Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

467

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

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Similar For Sale Nearby

See more

Storefront Property with Warehouse Space

221 N US Highway 1, Fort Pierce, FL 34950

$779,000

0.25 Acres

View details

Flex Industrial Condominium Bay

839 South Kings Highway, Fort Pierce, FL 34945

$350,000

1,552 SF

View details

Industrial Flex Space with Office

3625 METZGER Road, Fort Pierce, FL 34947

$1,500,000

View details

Self-Storage Property with Apartment

2772 Harson Way, Fort Pierce, FL

$175,000

5,025 SF

View details

Brand-New Warehouse and Office

500 Port Ave, Fort Pierce, FL 34945

Contact for pricing

2,144 SF

View details

Flex Space with Open Bay

3781 Oleander Avenue, Fort Pierce, FL 34982

$230,000

1,533 SF

View details

New Industrial Warehouse Units

2835 Hammond Road, Fort Pierce, FL 34946

Contact for pricing

2,000 SF

View details

High-Clearance Flex Space

7-8-6509 Saint Lucie Blvd, Fort Pierce, FL 34946

$250,000

1,000 SF

View details

Concrete Block Distribution Facility

602 S 5th St, Fort Pierce, FL 34950

$1,595,000

10,944 SF

View details

±12,350 SF Warehouse

Fort Pierce, FL 34953

$2,550,000

12,350 SF

View details

Warehouse with Tilt Wall Construction

837 S Kings Hwy, Fort Pierce, FL 34945

Contact for pricing

1,536 SF

View details

Renovated Flex Space Facility

16050 Orange Avenue, Fort Pierce, FL

$3,299,000

14,224 SF

View details

Frequently Asked Questions

What type of property is this?

Self service car wash - Mixed-use corner property with a leased self-service car wash plus a fully furnished second-floor one-bedroom apartment.

Where is this self service car wash located?

The property is located at 2400-2498 Ave Fort Pierce, FL.

What is the asking price?

The asking price for this property is $549,000.

What are key features of this property?

This property features: Mixed‑use property totaling approximately 3,048 SF; Operating 2,500 SF self‑service car wash is leased; Fully furnished 600 SF second‑floor apartment with 1 bedroom and 1 bathroom