Freestanding Office
New
For Sale
$1,695,000
3651 VIRGINIA Avenue, Fort Pierce, FL 34981
CG zoning supports office, educational, retail, and health services uses.
Property Size9,255 SF
Lot Size0.69 Acres
Price / SF$201.31
Days on Market4
Property Features for 3651 VIRGINIA Avenue
General Information
Standard status
Active
Size
9,255 SF
Lot size
0.69 Acres
Property subtype
Office
Zoning
CG
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$15,967
Building Details
Building Size
9,255 SF
Year Built
2006
Buildings
1
Listing Agency:
Sutter & Nugent LLC
Listed By:
Michelle Wittenstein · License #3598461
(954) 945-0225
Source:
Meyerlucas
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 9 at 8:55PM
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 Sutter & Nugent LLC
Investment Insights
Based on property information with market context.
Built in 2006, this freestanding office property occupies approximately 0.69 acres and has a floor plan with classrooms, private offices, and a kitchen with dining hall. The building was previously used as a girls’ school and is zoned CG (General Commercial), which supports a range of stated uses, including office, retail, educational, and health services.
The property is on Virginia Avenue in Fort Pierce, minutes from HCA Hospital, Indian River State College, and Treasure Coast International Airport.
The property is on Virginia Avenue in Fort Pierce, minutes from HCA Hospital, Indian River State College, and Treasure Coast International Airport.
Key Highlights
- Built in 2006
- Approximately 0.69 acres
- CG (General Commercial) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,943
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,278,860
$2.3M
Cap Rate 7%
$1,627,757
$1.6M
Cap Rate 9%
$1,266,033
$1.3M
Market Conditions
NOI Build-Up for 8,420 SF
Gross rent
$212.2K $25.20/SF
− Vacancy
−$22.3K −$2.65/SF
EGI
$189.9K $22.55/SF
− OpEx
−$76.0K −$9.02/SF
NOI
$113.9K $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%
$2,278,860
Cap Rate 7%
$1,627,757
Cap Rate 9%
$1,266,033
Alternative Uses
Best Use
Healthcare Medical
$1.63M
$1.42M – $1.90M
NOI $113,943 @ 7.0% cap · market cap 6.72%
Second Best
Office B
$1.52M
$1.33M – $1.77M
NOI $106,395 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$2.12M
$1.85M – $2.47M
NOI $148,226 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Explore this area
Business Placement
Demographics for 34981, FL
4,494
Population
2,069
Households
2.2
Avg Household Size
40
Median Age
29%
College-Educated
90%
High-School Grad
10.8 sq mi
ZIP Area
416
Density / Sq Mi
$64,052
Median Household Income
$37,188
Median Earnings
$1,402
Median Rent
$369,100
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - CG zoning supports office, educational, retail, and health services uses.
Where is this office building located?
The property is located at 3651 VIRGINIA Avenue Fort Pierce, FL.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Built in 2006; Approximately 0.69 acres; CG (General Commercial) zoning
