Industrial-Flex Unit with Roll-Up
For Sale
Contact for pricing
482 Northwest Lake Whitney Place, Port St Lucie, FL 34986
Industrial-flex unit includes front office/reception, 12’x14’ roll-up door, open warehouse, and private rear restroom.
Property Size1,776 SF
Price / SF$225.17
Days on Market107
Property Features for 482 Northwest Lake Whitney Place
General Information
Standard status
Active
Size
1,776 SF
Property subtype
Retail, Office, Industrial
Zoning
Industrial
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Clear Height
22 ft
Building Details
Year Built
2006
Listing Agency:
Florida Commercial Enterprises
Listed By:
Albert Brown · License #FL 3072206
(772) 631-7989
Source:
Crexi
Added: Jul 8
Changed: Oct 11
Last Checked: Oct 20 at 6:24PM
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 Florida Commercial Enterprises
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Investment Insights
Based on property information with market context.
Well-maintained 1,776± SF industrial/flex unit designed for practical commercial use. The layout includes a front office/reception area with large glass storefront windows, a spacious open warehouse with 18’+ clear ceiling height (up to 22’), and a private rear restroom. Access is provided by a 12’W x 14’H overhead roll-up door.
Conveniently located in the heart of St. Lucie West, the property is described as just minutes from I-95, supporting efficient delivery access for semi-truck operations. Designated parking spaces are located directly adjacent to the unit.
Services include city water, sewer, and trash, with the tenant responsible for electric. The flex configuration is presented as suitable for light manufacturing, distribution, contractor operations, service businesses, or warehouse/storage use.
Conveniently located in the heart of St. Lucie West, the property is described as just minutes from I-95, supporting efficient delivery access for semi-truck operations. Designated parking spaces are located directly adjacent to the unit.
Services include city water, sewer, and trash, with the tenant responsible for electric. The flex configuration is presented as suitable for light manufacturing, distribution, contractor operations, service businesses, or warehouse/storage use.
Key Highlights
- 1,776± SF industrial/flex unit built in 2006 with a functional layout for a variety of commercial uses
- Front office/reception with large glass storefront windows plus an open warehouse area
- Warehouse features 18’+ clear ceiling height (up to 22’) for storage and light operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,222
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,440
$344.4K
Cap Rate 7%
$246,029
$246.0K
Cap Rate 9%
$191,356
$191.4K
Market Conditions
NOI Build-Up for 1,776 SF
Gross rent
$29.8K $16.80/SF
− Vacancy
−$3.3K −$1.88/SF
EGI
$26.5K $14.92/SF
− OpEx
−$9.3K −$5.22/SF
NOI
$17.2K $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%
$344,440
Cap Rate 7%
$246,029
Cap Rate 9%
$191,356
Alternative Uses
Best Use
Flex RnD
$246.0K
$215.3K – $287.0K
NOI $17,222 @ 7.0% cap · market cap 4.31%
Second Best
Warehouse
$217.2K
$190.1K – $253.4K
NOI $15,204 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$446.6K
$390.8K – $521.1K
NOI $31,265 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
22 ft
Clear height
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,085
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34986, FL
30,027
Population
14,600
Households
2.1
Avg Household Size
56
Median Age
35%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,597
Density / Sq Mi
$85,842
Median Household Income
$44,182
Median Earnings
$1,600
Median Rent
$368,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Industrial-flex unit includes front office/reception, 12’x14’ roll-up door, open warehouse, and private rear restroom.
Where is this flex space located?
The property is located at 482 Northwest Lake Whitney Place Port St Lucie, FL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1,776± SF industrial/flex unit built in 2006 with a functional layout for a variety of commercial uses; Front office/reception with large glass storefront windows plus an open warehouse area; Warehouse features 18’+ clear ceiling height (up to 22’) for storage and light operations
