Industrial-Flex Unit with Roll-Up
482 Northwest Lake Whitney Place Port St Lucie, FL 34986
482 Northwest Lake Whitney Place, Port St Lucie, FL, 34986
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For Sale
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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 Market15
Property Features for 482 Northwest Lake Whitney Place
General Information
- Standard status
- Active
- Size
- 1,776 SF
- Property subtype
- Retail, Office, Industrial
Building Details
- Year Built
- 2006
Listing agency
Florida Commercial Enterprises
(772) 631-7989
Listed by
Albert Brown · License #FL 3072206
Source
Crexi
Added: Jul 8 Updated: Jul 22 at 2:01AM Checked: Jul 22 at 2:01AM
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
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
Local 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 | $38.4k | $21.60 |
| − Vacancy | −$8.4k | −$4.75 |
| EGI | $29.9k | $16.85 |
| − OpEx | −$7.5k | −$4.21 |
| NOI | $22.4k | $12.64 |
1,776 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$320.6K
$280.5K – $374.0K
NOI $22,442 @ 7.0% cap · market cap 5.61%
Second Best
Flex RnD
$246.0K
$215.3K – $287.0K
NOI $17,222 @ 7.0% cap · market cap 4.31%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
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
