Industrial Flex Condo For
867-891 S Kings Hwy Fort Pierce, FL 34945
867-891 S Kings Hwy, Fort Pierce, FL, 34945
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For Sale
Contact for pricing
1,992 SF industrial flex condo in Fort Pierce, Florida.
Property Size1,992 SF
Price / SF$175.70
Days on Market74
Property Features for 867-891 S Kings Hwy
General Information
- Standard status
- Active
- Size
- 1,992 SF
- Property subtype
- INDUSTRIAL
Listing Agency
SVN - Commercial Partners | Treasure Coast
(772) 202-5522
Listed by
Sam Zuker
Source
Moodyscre
Added: May 6 Checked: Jul 17 at 5:39 am
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 SVN - Commercial Partners | Treasure Coast
Investment Insights
Based on property information with market context.
This 1,992 square foot industrial flex condo is located in Fort Pierce, Florida. The property is zoned Industrial Light and is suitable for light manufacturing. The interior provides ample space for equipment and storage. The facility is well-maintained and offers easy access to major highways.
Key Highlights
- 1,992 SF industrial flex condo ideal for light manufacturing.
- Strategic Fort Pierce location with easy access to major highways.
- Spacious interior suitable for equipment and ample storage.
Local 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 | $33.5k | $16.80 |
| − Vacancy | −$3.7k | −$1.88 |
| EGI | $29.7k | $14.92 |
| − OpEx | −$10.4k | −$5.22 |
| NOI | $19.3k | $9.70 |
1,992 SF · lease $16.80/SF/yr · vacancy 11.20% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$275.9K
$241.5K – $321.9K
NOI $19,316 @ 7.0% cap · market cap 5.52%
Second Best
Industrial
$200.6K
$175.6K – $234.1K
NOI $14,044 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$501.0K
$438.3K – $584.5K
NOI $35,067 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
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
- Aramark Correctional Services — 900 N Rock Rd, Fort Pierce, FL 34945
FAQs
What type of property is this?
Flex space - 1,992 SF industrial flex condo in Fort Pierce, Florida.
Where is this flex space located?
The property is located at 867-891 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: 1,992 SF industrial flex condo ideal for light manufacturing.; Strategic Fort Pierce location with easy access to major highways.; Spacious interior suitable for equipment and ample storage.
