Small-Bay Industrial Warehouse
For Sale
$1,995,000
Pending
412 Farmers Market Rd, Fort Pierce, FL 34982
Gated Light Industrial facility with flexible warehouse configurations and controlled site access.
Property Size15,050 SF
Lot Size0.78 Acres
Days on Market133
Property Features for 412 Farmers Market Rd
General Information
Standard status
Pending
Size
15,050 SF
Lot size
0.78 Acres
Property subtype
Industrial
Zoning
Light Industrial
Additional Details
Highway Access
Yes
Warehouse Space
15,050 SF
Taxes and HOA fees
Annual Taxes
$45,884
Building Details
Building Size
15,050 SF
Year Built
1966
Buildings
2
Stories
1
Listing Agency:
NAI Southcoast
Listed By:
Reid Armor · License #SL3328981
(772) 631-4248
Source:
Elliman
Added: Jun 6
Changed: Oct 4
Last Checked: Oct 16 at 10:10AM
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 NAI Southcoast
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Investment Insights
Based on property information with market context.
This property combines two small-bay warehouse buildings totaling approximately 15,050 square feet on an approximately 0.78-acre secured site. The layout supports warehouse operations along with distribution, storage, light manufacturing, contractor functions, and trade-related services. Individual spaces ranging from 1,000 SF to 6,800 SF are also available for lease.
The property is located at 412 Farmers Market Rd in Fort Pierce, within an established light industrial corridor just off US Highway 1. Light Industrial zoning and the gated configuration provide a defined setting for commercial operations, with on-site yard functionality and controlled entry.
The property is located at 412 Farmers Market Rd in Fort Pierce, within an established light industrial corridor just off US Highway 1. Light Industrial zoning and the gated configuration provide a defined setting for commercial operations, with on-site yard functionality and controlled entry.
Key Highlights
- Two combined warehouses totaling approximately 15,050 square feet
- Approximately 0.78‑acre gated and secured site
- Light Industrial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$145,939
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,918,780
$2.9M
Cap Rate 7%
$2,084,843
$2.1M
Cap Rate 9%
$1,621,544
$1.6M
Market Conditions
NOI Build-Up for 15,050 SF
Gross rent
$252.8K $16.80/SF
− Vacancy
−$28.3K −$1.88/SF
EGI
$224.5K $14.92/SF
− OpEx
−$78.6K −$5.22/SF
NOI
$145.9K $9.70/SF
Area
St. Lucie County, FL
Vacancy
11.20%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,918,780
Cap Rate 7%
$2,084,843
Cap Rate 9%
$1,621,544
Alternative Uses
Best Use
Flex RnD
$2.08M
$1.82M – $2.43M
NOI $145,939 @ 7.0% cap · market cap 7.32%
Second Best
Warehouse
$1.84M
$1.61M – $2.15M
NOI $128,838 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$3.78M
$3.31M – $4.42M
NOI $264,940 @ 7.0% cap · market cap 13.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Well-served
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Extra Space Storage — 3900 S US Hwy 1, Fort Pierce, FL 34982
- Barrel Road Storage — 924 Barrel Ave, Fort Pierce, FL 34982
- Arnoff Moving And Storage — 3620 us-1, fort pierce, fl 34982
- Self-Storage at U-Haul — 3626 S US Hwy 1, Fort Pierce, FL 34982
- Wildar RV, Boat, and Trailer Storage — 3502 S US Hwy 1, Fort Pierce, FL 34982
Frequently Asked Questions
What type of property is this?
Warehouse - Gated Light Industrial facility with flexible warehouse configurations and controlled site access.
Where is this warehouse located?
The property is located at 412 Farmers Market Rd Fort Pierce, FL.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Two combined warehouses totaling approximately 15,050 square feet; Approximately 0.78‑acre gated and secured site; Light Industrial zoning
