Warehouse with Office and
540 NW MERCANTILE Place, Port St Lucie, FL 34986
For Sale
New
Contact for pricing
A separate-entry suite adds administrative space or capacity for an independent business operation.
Property Size12,384 SF
Price / SF$0.00
Days on Market5
Property Features for 540 NW MERCANTILE Place
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Warehouse Space
Mezzanine
Additional Details
Property Use
Amenities
break room
1.94 acres, Industrial Park, Near Business Park, Near Industrial Park, 1 To Less Than 2 Acre Lot, Oversized Lot, Fenced
Metal, Metal Roof
Fenced
Public Sewer, Public Sanitation, Sewer
Parcel Number: 332368000130005, Annual Amount: $41,254, Legal Description: ST LUCIE WEST PLAT #166 ST LUCIE WEST INDUSTRIAL PARK PHASE II (PB 43-3) LOT 6 (OR 4133-922), Year: 2026, Zoning: Warehouse
Carpet, Concrete, Tile
Listing ID: B26096344, Standard Status: Active, MLS Status: Active, Property Subtype: Mixed Use, On market as of 2026-11-03, 2 days on market, Special Conditions: Lease
15 total parking spaces, Free Parking
Built in 2005, Living area: 12384, Living area units: Square Feet, 1 storey, Levels: 1, Construction Materials: Concrete Block Construction
County/Parish: St Lucie County
Leasable area: 5000, Leasable area units: Square Feet
2 units in community, Paved Road
Electricity Connected, Electricity Available, Water Available, Water Source: Public, Separate Meters
Rental Agreement
Electricity, Water
Frontage Type: City Street, City/County Maintained, Paved Road, City, Road Responsibility: Public Maintained Road, Road Surface: Paved Road, Paved
Security Fence, Walled
Association Fee: $0
Building Details
Year Built
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Lynn Tenniswood-Camarotti · License #3557842
(772) 579-0443
Source:
Riserealty
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 6 at 2:47PM
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 EXP Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2005 commercial property combines office, warehouse, and loft space. The main office area measures 2,000 square feet and contains six offices, two bathrooms, and a break room. The warehouse offers 3,000 square feet of open space with three bays and retractable doors. A 2,000-square-foot loft above the offices provides additional storage or workspace.
A separate 1,000-square-foot office suite has its own entrance and bathroom. The property is located at 540 NW Mercantile Place in Port St. Lucie, Florida.
A separate 1,000-square-foot office suite has its own entrance and bathroom. The property is located at 540 NW Mercantile Place in Port St. Lucie, Florida.
Key Highlights
- 3,000 square feet of open warehouse space with three bays and retractable doors
- 2,000‑square‑foot main office area with six offices, two bathrooms, and a break room
- 2,000‑square‑foot loft above the office area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,015
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,120,300
$2.1M
Cap Rate 7%
$1,514,500
$1.5M
Cap Rate 9%
$1,177,944
$1.2M
Market Conditions
NOI Build-Up for 12,384 SF
Gross rent
$154.6K $12.48/SF
− Vacancy
−$29.8K −$2.41/SF
EGI
$124.7K $10.07/SF
− OpEx
−$18.7K −$1.51/SF
NOI
$106.0K $8.56/SF
Area
St. Lucie County, FL
Vacancy
19.30%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,120,300
Cap Rate 7%
$1,514,500
Cap Rate 9%
$1,177,944
Alternative Uses
Best Use
Mixed Use
$2.39M
$2.09M – $2.79M
NOI $167,184 @ 7.0% cap · market cap 1,114,560.00%
Second Best
Warehouse
$1.51M
$1.33M – $1.77M
NOI $106,015 @ 7.0% cap · market cap 706,766.67%
Theoretical Best
Office A
$3.11M
$2.73M – $3.63M
NOI $218,008 @ 7.0% cap · market cap 1,453,386.67%
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
412
Businesses Nearby
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
$368,300
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in St. Lucie County, FL
Properties on Market for Mixed-use properties in St. Lucie County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A separate-entry suite adds administrative space or capacity for an independent business operation.
Where is this mixed-use property located?
The property is located at 540 NW MERCANTILE Place Port St Lucie, FL.
What are key features of this property?
This property features: 3,000 square feet of open warehouse space with three bays and retractable doors; 2,000‑square‑foot main office area with six offices, two bathrooms, and a break room; 2,000‑square‑foot loft above the office area
