Port St. Lucie Flex
For Sale
Contact for pricing
571 NW Mercantile Pl, Port Saint Lucie, FL
Flex unit in West Park Industrial Center for lease.
Property Size1,600 SF
Lot Size0.04 Acres
Price / SF$218.75
Days on Market437
Property Features for 571 NW Mercantile Pl
General Information
Standard status
Active
Size
1,600 SF
Lot size
0.04 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Jeremiah Baron & Co.
(772) 286-5744
Listed By:
Mathew Crady · License #3319900
(772) 260-1655
Source:
Moodyscre
Added: Aug 13, 2025
Changed: Jul 6
Last Checked: Oct 23 at 10:52AM
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 Jeremiah Baron & Co.
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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 flex unit is located in the West Park Industrial Center in Port St. Lucie, Florida. The property features an open concept warehouse with a small air-conditioned office and a 300-square-foot mezzanine space. It also includes a roll-up door and a pedestrian door in the rear. The property is suitable for various industrial uses, including manufacturing, assembly, storage, and wholesale trade, as permitted under the Warehouse Industrial zoning. The property is approximately 2 miles from the I-95 access ramp and is surrounded by national and regional businesses. The property contains 1,600 square feet.
Key Highlights
- Excellent location in West Park Industrial Center, Port St. Lucie.
- Convenient access to I‑95 (approx. 2 miles).
- Flexible open concept warehouse space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,515
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,300
$310.3K
Cap Rate 7%
$221,643
$221.6K
Cap Rate 9%
$172,389
$172.4K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$26.9K $16.80/SF
− Vacancy
−$3.0K −$1.88/SF
EGI
$23.9K $14.92/SF
− OpEx
−$8.4K −$5.22/SF
NOI
$15.5K $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%
$310,300
Cap Rate 7%
$221,643
Cap Rate 9%
$172,389
Alternative Uses
Best Use
Flex RnD
$221.6K
$193.9K – $258.6K
NOI $15,515 @ 7.0% cap · market cap 4.43%
Second Best
Warehouse
$195.7K
$171.2K – $228.3K
NOI $13,697 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$402.4K
$352.1K – $469.4K
NOI $28,166 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Flex unit in West Park Industrial Center for lease.
Where is this flex space located?
The property is located at 571 NW Mercantile Pl Port Saint Lucie, FL.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: Excellent location in West Park Industrial Center, Port St. Lucie.; Convenient access to I‑95 (approx. 2 miles).; Flexible open concept warehouse space.
