Jensen Beach Commercial Office
For Sale
$3,000,000
3395 Northwest Federal Highway Jensen, Jensen Beach, FL 34957
Commercial office property for sale in Jensen Beach, Florida.
Property Size14,265 SF
Days on Market208
Property Features for 3395 Northwest Federal Highway Jensen
General Information
Standard status
Active
Size
14,265 SF
Property subtype
Office
Building Details
Building Size
14,265 SF
Listing Agency:
RE/MAX
Listed By:
Rosi Shepard · License #3320083
(772) 323-7037
Source:
Remaxcommercial
Added: Mar 31
Changed: Oct 4
Last Checked: Oct 24 at 1:27PM
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 RE/MAX
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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.
Located at 3395 Northwest Federal Highway in Jensen Beach, Florida, this commercial property is comprised of independently owned and operated office units. The property is intended for commercial use.
Key Highlights
- Location: 3395 Northwest Federal Highway, Jensen Beach, FL 34957
- Office independently owned and operated.
- Equal Opportunity Employer.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$180,253
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,605,060
$3.6M
Cap Rate 7%
$2,575,043
$2.6M
Cap Rate 9%
$2,002,811
$2.0M
Market Conditions
NOI Build-Up for 14,265 SF
Gross rent
$308.1K $21.60/SF
− Vacancy
−$67.8K −$4.75/SF
EGI
$240.3K $16.85/SF
− OpEx
−$60.1K −$4.21/SF
NOI
$180.3K $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 Rate 5%
$3,605,060
Cap Rate 7%
$2,575,043
Cap Rate 9%
$2,002,811
Alternative Uses
Best Use
Office B
$2.58M
$2.25M – $3.00M
NOI $180,253 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$3.75M
$3.28M – $4.37M
NOI $262,329 @ 7.0% cap · market cap 8.74%
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
722
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Commercial office property for sale in Jensen Beach, Florida.
Where is this office unit located?
The property is located at 3395 Northwest Federal Highway Jensen Jensen Beach, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Location: 3395 Northwest Federal Highway, Jensen Beach, FL 34957; Office independently owned and operated.; Equal Opportunity Employer.
