Office Suite Above Hair
For Sale
$212,500
3192 NE Maple Avenue, Jensen Beach, FL 34957
Office suite with reception and private office, sold together with an operating salon space below.
Property Size500 SF
Price / SF$425
Days on Market82
Property Features for 3192 NE Maple Avenue
General Information
Standard status
Active
Size
500 SF
Total Parking Spaces
2
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$1,048
Amenities
Central Air
Central
Building Details
Building Size
500 SF
Year Built
1990
Stories
2
Listing Agency:
(772) 267-8909
Listed By:
Mark Mullaney · License #673929
(772) 267-8909
Source:
Evrealestate
Added: Jun 4
Changed: Aug 23
Last Checked: Aug 24 at 3:19AM
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 Mark Mullaney
Investment Insights
Based on property information with market context.
This offering includes approximately 500 square feet of office space configured with a reception area and a private office. The private office includes partial views of the Intracoastal waterway, supporting a more client-facing layout.
The office is located at 3192 NE Maple Ave, with the sale including 3190 NE Maple directly underneath the office. The space at 3190 NE Maple is currently operating as a hair salon, establishing a combined vertical setup within the same sale.
For tenants, buyers, and operators considering a mixed office-and-retail arrangement, the separation of a reception-driven office layout above and a customer-facing salon below can support day-to-day convenience for client traffic. Because the salon is described as currently operating as part of this sale, this configuration may appeal to those looking for an immediately occupied component alongside an office use. Car-dependent access is indicated by the provided walk and bike scores, which may be relevant for tenant and customer planning.
The office is located at 3192 NE Maple Ave, with the sale including 3190 NE Maple directly underneath the office. The space at 3190 NE Maple is currently operating as a hair salon, establishing a combined vertical setup within the same sale.
For tenants, buyers, and operators considering a mixed office-and-retail arrangement, the separation of a reception-driven office layout above and a customer-facing salon below can support day-to-day convenience for client traffic. Because the salon is described as currently operating as part of this sale, this configuration may appeal to those looking for an immediately occupied component alongside an office use. Car-dependent access is indicated by the provided walk and bike scores, which may be relevant for tenant and customer planning.
Key Highlights
- 500 SF office suite with reception and a private office
- Private office includes partial views of the intracoastal waterway
- Includes an operating hair salon below the office (3190 NE Maple) included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$6,318
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$126,360
$126.4K
Cap Rate 7%
$90,257
$90.3K
Cap Rate 9%
$70,200
$70.2K
Market Conditions
NOI Build-Up for 500 SF
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.
Gross rent
$10.8K $21.60/SF
− Vacancy
−$2.4K −$4.75/SF
EGI
$8.4K $16.85/SF
− OpEx
−$2.1K −$4.21/SF
NOI
$6.3K $12.64/SF
Area
Martin County, FL
Vacancy
22.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$126,360
Cap Rate 7%
$90,257
Cap Rate 9%
$70,200
Alternative Uses
Best Use
Office B
$90.3K
$79.0K – $105.3K
NOI $6,318 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$131.4K
$114.9K – $153.3K
NOI $9,195 @ 7.0% cap · market cap 4.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
Explore this area
Business Placement
Demographics for 34957, FL
22,955
Population
17,269
Households
1.3
Avg Household Size
59
Median Age
39%
College-Educated
94%
High-School Grad
16.4 sq mi
ZIP Area
1,400
Density / Sq Mi
$65,658
Median Household Income
$41,973
Median Earnings
$1,518
Median Rent
$378,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office suite with reception and private office, sold together with an operating salon space below.
Where is this office units located?
The property is located at 3192 NE Maple Avenue Jensen Beach, FL.
What is the asking price?
The asking price for this property is $212,500.
What are key features of this property?
This property features: 500 SF office suite with reception and a private office; Private office includes partial views of the intracoastal waterway; Includes an operating hair salon below the office (3190 NE Maple) included in the sale
