Freestanding Office Medical
3651 Virginia Avenue Fort Pierce, FL 34981
For Sale
$1,695,000
Well-maintained freestanding building on Virginia Avenue, designed for office and healthcare-related uses.
Property Size9,255 SF
Lot Size0.69 Acres
Price / SF$183.14
Days on Market58
Property Features for 3651 Virginia Avenue
General Information
Standard status
Active
Size
9,255 SF
Lot size
0.69 Acres
Property subtype
Retail
Building Details
Year Built
2006
Listing Agency:
Sutter & Nugent LLC
(561) 249-7266
Listed By:
Michelle Wittenstein · License #3598461
Source:
Xome
Added: Jun 3
Changed: Jul 10
Last Checked: Jun 14 at 1:39AM
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.
This freestanding office/medical building was built in 2006 and is described as well maintained, with a functional interior layout. The space includes classrooms, private offices, and a kitchen with a dining hall, supporting a range of professional and service-oriented programs. The property is offered with CG (General Commercial) zoning, and the configuration is suited for both office operations and facilities that rely on dedicated rooms for instruction or service delivery.
Located on highly visible Virginia Avenue in Fort Pierce, the building provides convenient access to area employers and institutions. It is positioned minutes from HCA Hospital, Indian River State College, and Treasure Coast International Airport, creating practical proximity for staff, visitors, and clients. The offering includes approximately 0.69 acres.
Under the CG (General Commercial) zoning, the property is stated to allow for a variety of uses including retail, office, educational uses, health services, detox residential treatment, behavioral health, and more. For buyers seeking a multi-room office/medical environment that can accommodate both private offices and classroom-style spaces, this building’s layout and zoning alignment are key considerations. Build-to-suit opportunities are also mentioned—please inquire for details.
Located on highly visible Virginia Avenue in Fort Pierce, the building provides convenient access to area employers and institutions. It is positioned minutes from HCA Hospital, Indian River State College, and Treasure Coast International Airport, creating practical proximity for staff, visitors, and clients. The offering includes approximately 0.69 acres.
Under the CG (General Commercial) zoning, the property is stated to allow for a variety of uses including retail, office, educational uses, health services, detox residential treatment, behavioral health, and more. For buyers seeking a multi-room office/medical environment that can accommodate both private offices and classroom-style spaces, this building’s layout and zoning alignment are key considerations. Build-to-suit opportunities are also mentioned—please inquire for details.
Key Highlights
- Freestanding office/medical building on Virginia Avenue (Fort Pierce), built in 2006
- 8,420± SF building on approximately 0.69± acres
- Comm Genra/CG (General Commercial) zoning allowing uses such as retail, office, educational, health services, and behavioral health
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $199.9k | $21.60 |
| − Vacancy | −$44.0k | −$4.75 |
| EGI | $155.9k | $16.85 |
| − OpEx | −$39.0k | −$4.21 |
| NOI | $116.9k | $12.64 |
9,255 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.67M
$1.46M – $1.95M
NOI $116,946 @ 7.0% cap · market cap 6.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M
NOI $162,925 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Well-maintained freestanding building on Virginia Avenue, designed for office and healthcare-related 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: Freestanding office/medical building on Virginia Avenue (Fort Pierce), built in 2006; 8,420± SF building on approximately 0.69± acres; Comm Genra/CG (General Commercial) zoning allowing uses such as retail, office, educational, health services, and behavioral health
