Renovated Flex
New
For Sale
Contact for pricing
3731 Oleander #112, Fort Pierce, FL 34982
A high loading door and 18-foot clearance support a range of commercial operations.
Property Size1,209 SF
Price / SF$1.45
Days on Market6
Property Features for 3731 Oleander #112
General Information
Standard status
Active
Size
1,209 SF
Property subtype
Business
Zoning
General commercial
Amenities
high loading door
Building Details
Year Built
2005
Listing Agency:
Grand Real Estate Company
Listed By:
Eugene Noska · License #3125325
(954) 822-0556
Source:
Lehmannflorida
Added: Oct 29
Changed: Nov 1
Last Checked: Nov 1 at 6:06AM
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 Grand Real Estate Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This renovated 1,209-square-foot flex unit has 18-foot clearance and a high loading door at the rear. The property was built in 2005 and is located in a general commercial zone. Parking is available on site.
At 3731 Oleander Avenue, Unit 112, in Fort Pierce, the property sits west of US 1, with major roads nearby.
At 3731 Oleander Avenue, Unit 112, in Fort Pierce, the property sits west of US 1, with major roads nearby.
Key Highlights
- 1,209‑square‑foot flex unit
- 18‑foot clearance and a high loading door at the rear
- Renovated unit; building constructed in 2005
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,523
Suggested Prices Based on Cap Rates
Cap Rate 5%
$170,460
$170.5K
Cap Rate 7%
$121,757
$121.8K
Cap Rate 9%
$94,700
$94.7K
Market Conditions
NOI Build-Up for 1,209 SF
Gross rent
$15.1K $12.48/SF
− Vacancy
−$2.9K −$2.41/SF
EGI
$12.2K $10.07/SF
− OpEx
−$3.7K −$3.02/SF
NOI
$8.5K $7.05/SF
Area
St. Lucie County, FL
Vacancy
19.30%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$170,460
Cap Rate 7%
$121,757
Cap Rate 9%
$94,700
Alternative Uses
Best Use
Flex RnD
$167.5K
$146.6K – $195.4K
NOI $11,724 @ 7.0% cap · market cap 669.94%
Second Best
Warehouse
$147.9K
$129.4K – $172.5K
NOI $10,350 @ 7.0% cap · market cap 591.43%
Theoretical Best
Office A
$304.0K
$266.0K – $354.7K
NOI $21,283 @ 7.0% cap · market cap 1,216.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34982, FL
27,067
Population
12,356
Households
2.2
Avg Household Size
43
Median Age
15%
College-Educated
84%
High-School Grad
15.5 sq mi
ZIP Area
1,746
Density / Sq Mi
$54,025
Median Household Income
$33,661
Median Earnings
$1,254
Median Rent
$228,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Huck's Catering — 408 Farmers Market Rd, Fort Pierce, FL 34982
Frequently Asked Questions
What type of property is this?
Flex space - A high loading door and 18-foot clearance support a range of commercial operations.
Where is this flex space located?
The property is located at 3731 Oleander #112 Fort Pierce, FL.
What are key features of this property?
This property features: 1,209‑square‑foot flex unit; 18‑foot clearance and a high loading door at the rear; Renovated unit; building constructed in 2005
