Flex Industrial Condominium
839 S Kings Hwy Fort Pierce, FL 34945
839 S Kings Hwy, Fort Pierce, FL, 34945
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For Sale
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Industrial condominium flex bay includes a finished front office, open warehouse space, and 20’ clear height.
Property Size1,552 SF
Price / SF$225.52
Days on Market121
Property Features for 839 S Kings Hwy
General Information
- Standard status
- Active
- Size
- 1,552 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2006
Listing agency
SLC Commercial Saint Lucie
(772) 332-9544
Listed by
Cooper Osteen · License #FL 3393898
Source
Crexi
Added: Mar 24 Updated: Jul 22 at 12:15AM Checked: Jul 22 at 12:15AM
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 SLC Commercial Saint Lucie
Investment Insights
Based on property information with market context.
This flex industrial condominium unit offers a well-finished front office and open warehouse space designed for flexible business use. The warehouse area includes 20’ clear height, supporting a range of light industrial and storage requirements.
The property is located just off the I-95 interchange in Fort Pierce and includes ample parking for tenant and customer access.
With its combination of office buildout and warehouse clearance, the unit is suited for users seeking a modern flex warehouse layout within an industrial condominium setting.
The property is located just off the I-95 interchange in Fort Pierce and includes ample parking for tenant and customer access.
With its combination of office buildout and warehouse clearance, the unit is suited for users seeking a modern flex warehouse layout within an industrial condominium setting.
Key Highlights
- 1,552 SF flex industrial condominium unit built in 2006
- Includes a well‑finished front office plus open warehouse space
- 20’ clear height in the warehouse area
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 | $33.5k | $21.60 |
| − Vacancy | −$7.4k | −$4.75 |
| EGI | $26.1k | $16.85 |
| − OpEx | −$6.5k | −$4.21 |
| NOI | $19.6k | $12.64 |
1,552 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$280.2K
$245.1K – $326.9K
NOI $19,611 @ 7.0% cap · market cap 5.60%
Second Best
Flex RnD
$215.0K
$188.1K – $250.8K
NOI $15,050 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$390.3K
$341.5K – $455.4K
NOI $27,321 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
South Florida Grading
Construction Company
Treasure coast aluminum ...
Building Supply
Similar For Sale Nearby
Similar Off Market Nearby
- DiMichelli's Catering — 857 S Kings Hwy, Fort Pierce, FL 34945
- Tasty Catering Co. — 1720 Copenhaver Rd, Fort Pierce, FL 34945
FAQs
What type of property is this?
Flex space - Industrial condominium flex bay includes a finished front office, open warehouse space, and 20’ clear height.
Where is this flex space located?
The property is located at 839 S Kings Hwy Fort Pierce, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,552 SF flex industrial condominium unit built in 2006; Includes a well‑finished front office plus open warehouse space; 20’ clear height in the warehouse area
