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Warehouse with Air-Conditioned Office
For Sale
$230,000

3781 Oleander Avenue, Fort Pierce, FL 34982

COMMERCIAL - Fort Pierce, FL

Property Size1,533 SF
Lot Size0.02 Acres
Price / SF$150.03
Days on Market195

Property Features for 3781 Oleander Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Indust
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Subdivision 7140
Standard status Active
APN 243350300100003
Size 1,533 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Coordinates: 27.3917(lat) -80.335(lon) Legal Description: BILTMORE COMMERCIAL PARK CONDOMINIUM (OR 2683-2589) BLDG
Tax Annual Amount 2749
HOA Fee $555 Annually
Legal Description Coordinates: 27.3917(lat) -80.335(lon) Legal Description: BILTMORE COMMERCIAL PARK CONDOMINIUM (OR 2683-2589) BLDG

Utilities

Utilities Cable Available
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 2006
Floors in Building 2
Number of units 1
Flooring type Concrete
Building materials Concrete, Metal Siding, Mixed
Roof type Metal
Listing Agency: Partnership Realty Inc.
Listed By: Ellecia Hutchinson · License #3339422
Added: Jan 16 Changed: Jul 30 Last Checked: Jul 30 at 1:06PM
MLS# R11155212

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This warehouse includes a spacious open bay plus an air-conditioned office, supported by concrete flooring throughout. The property also features cable availability and is served by public water. Construction materials include concrete with metal siding and mixed components, under a metal roof.

Built in 2006, the building is located at 3781 Oleander Avenue in Fort Pierce, Florida, on a 0.02-acre lot. The flexible layout can support a small business, workshop, or storage use.

The property includes two bathrooms and window/wall cooling units, making it well suited for day-to-day operations that benefit from both open workspace and dedicated office area.

Key Highlights

  • 1,035 SF warehouse with a spacious open bay and an air‑conditioned office
  • 0.02‑acre lot
  • Built in 2006

Financial Insights For Warehouse

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 $19.1k $12.48
− Vacancy −$3.7k −$2.41
EGI $15.4k $10.07
− OpEx −$2.3k −$1.51
NOI $13.1k $8.56
1,533 SF · lease $12.48/SF/yr · vacancy 19.30% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$187.5K
$164.0K – $218.7K (±1% cap)
NOI $13,123 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$385.5K
$337.3K – $449.8K (±1% cap)
NOI $26,987 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triple K Plumbing Plumbing Service

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Hair Salon Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

751
Businesses Nearby
Under-served
Demand for This Use

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Self-Storage at U-Haul — 3626 S US Hwy 1, Fort Pierce, FL 34982
  • Barrel Road Storage — 924 Barrel Ave, Fort Pierce, FL 34982
  • Wildar RV, Boat, and Trailer Storage — 3502 S US Hwy 1, Fort Pierce, FL 34982
  • Extra Space Storage — 3900 S US Hwy 1, Fort Pierce, FL 34982
  • Arnoff Moving And Storage — 3620 us-1, fort pierce, fl 34982

Frequently Asked Questions

What type of property is this?
Warehouse - Small warehouse with an air-conditioned office, concrete flooring, and cable available served by public water.
Where is this warehouse located?
The property is located at 3781 Oleander Avenue Fort Pierce, FL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 1,035 SF warehouse with a spacious open bay and an air‑conditioned office; 0.02‑acre lot; Built in 2006
More about this property
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