Port St. Lucie Flex
571 NW Mercantile Pl Port Saint Lucie, FL
For Sale
Contact for pricing
Flex unit in West Park Industrial Center for lease.
Property Size1,600 SF
Lot Size0.04 Acres
Price / SF$218.75
Days on Market346
Property Features for 571 NW Mercantile Pl
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Lot size
- 0.04 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 571 NW Mercantile Pl Contact us
Listing Agency:
Jeremiah Baron & Co.
(772) 260-1655
Listed By:
Mathew Crady · License #3319900
Source:
Moodyscre
Added: Aug 13, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:53AM
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.
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 For Flex RnD
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 | $26.9k | $16.80 |
| − Vacancy | −$3.0k | −$1.88 |
| EGI | $23.9k | $14.92 |
| − OpEx | −$8.4k | −$5.22 |
| NOI | $15.5k | $9.70 |
1,600 SF · lease $16.80/SF/yr · vacancy 11.20% · expense 35.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
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.
