Flexible-Layout Retail
For Sale
Contact for pricing
7224 S U.S Hwy 1 Port St. Lucie, Port St Lucie, FL 34952
The commercial space has a versatile plan for retail, office, or professional service functions and includes on-site parking.
Property Size14,850 SF
Price / SF$0.09
Days on Market58
Property Features for 7224 S U.S Hwy 1 Port St. Lucie
General Information
Standard status
Active
Size
14,850 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$27,078
Building Details
Building Size
14,850 SF
Year Built
1976
Listing Agency:
Metro Realty Corp
Listed By:
Marixa Medina · License #3197006
(772) 497-4054
Source:
Rennyrealty
Added: Sep 4
Changed: Oct 31
Last Checked: Oct 31 at 3:40AM
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 Metro Realty Corp
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space offers a layout described for retail, office, or professional service use. On-site parking is available, and the building dates to 1976.
The property is at 7224 S U.S. Hwy 1 in Port St. Lucie, Florida.
The property is at 7224 S U.S. Hwy 1 in Port St. Lucie, Florida.
Key Highlights
- Retail, office, or professional service layout
- On‑site parking available
- Building constructed in 1976
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$171,206
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,424,120
$3.4M
Cap Rate 7%
$2,445,800
$2.4M
Cap Rate 9%
$1,902,289
$1.9M
Market Conditions
NOI Build-Up for 14,850 SF
Gross rent
$267.3K $18.00/SF
− Vacancy
−$22.7K −$1.53/SF
EGI
$244.6K $16.47/SF
− OpEx
−$73.4K −$4.94/SF
NOI
$171.2K $11.53/SF
Area
St. Lucie County, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,424,120
Cap Rate 7%
$2,445,800
Cap Rate 9%
$1,902,289
Alternative Uses
Best Use
Retail
$2.45M
$2.14M – $2.85M
NOI $171,206 @ 7.0% cap · market cap 13,169.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.73M
$3.27M – $4.36M
NOI $261,419 @ 7.0% cap · market cap 20,109.15%
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
46
Businesses Nearby
Explore this area
Business Placement
Demographics for 34952, FL
42,630
Population
21,844
Households
2
Avg Household Size
53
Median Age
24%
College-Educated
91%
High-School Grad
24.6 sq mi
ZIP Area
1,733
Density / Sq Mi
$60,123
Median Household Income
$37,184
Median Earnings
$1,635
Median Rent
$242,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The commercial space has a versatile plan for retail, office, or professional service functions and includes on-site parking.
Where is this retail space located?
The property is located at 7224 S U.S Hwy 1 Port St. Lucie Port St Lucie, FL.
What are key features of this property?
This property features: Retail, office, or professional service layout; On‑site parking available; Building constructed in 1976
