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Four-Tenant Industrial Warehouse
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884-890 NE Pop Tilton Pl, Jensen Beach, FL 34957

Industrial-zoned warehouse with separately metered tenant spaces and a brand-new roof.

Property Size8,100 SF
Price / SF$160.37
Days on Market539

Property Features for 884-890 NE Pop Tilton Pl

General Information

Standard status Active
Size 8,100 SF
Property subtype INDUSTRIAL

Additional Details

Road Access Yes
Warehouse Space 8,100 SF

Building Details

Building Size 8,100 SF
Tenancy Multi
Listing Agency: Jeremiah Baron & Co.
Listed By: Mathew Crady · License #3319900
Source: Moodyscre
Added: Apr 25, 2025 Changed: Oct 12 Last Checked: Oct 12 at 10:48PM

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 8,100-square-foot warehouse is configured for four separately metered tenants and includes a brand-new roof. The property carries industrial zoning within the Jensen Park Estates subdivision, supporting warehouse, manufacturing, and distribution uses identified for the asset.

Located at 884-890 NE Pop Tilton Pl in Jensen Beach, the property sits between Stuart and Port St. Lucie and is less than 2 miles from US-1. Access is available through Industrial Blvd and Savannah Rd, providing direct connectivity to the surrounding commercial area. The multi-tenant configuration, industrial designation, and warehouse improvements create a practical setup for continued occupancy or operational use.

Key Highlights

  • 8,100‑square‑foot warehouse
  • Four separately metered tenants
  • Brand‑new roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$107,906
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,158,120 $2.2M
Cap Rate 7%
$1,541,514 $1.5M
Cap Rate 9%
$1,198,956 $1.2M
Market Conditions
NOI Build-Up for 8,100 SF
Gross rent
$163.3K $20.16/SF
− Vacancy
−$9.1K −$1.13/SF
EGI
$154.2K $19.03/SF
− OpEx
−$46.2K −$5.71/SF
NOI
$107.9K $13.32/SF
Area
Martin County, FL
Vacancy
5.60%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,158,120
Cap Rate 7%
$1,541,514
Cap Rate 9%
$1,198,956

Alternative Uses

Best Use
Warehouse
$1.87M
$1.64M – $2.18M (±1% cap)
NOI $131,029 @ 7.0% cap · market cap 10.09%
Second Best
Industrial
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $107,906 @ 7.0% cap · market cap 8.31%
Theoretical Best
Retail
$2.13M
$1.86M – $2.48M (±1% cap)
NOI $148,957 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

386
Businesses Nearby
Balanced
Demand for This Use

Demographics for 34957, FL

22,955
Population
17,269
Households
1.3
Avg Household Size
59
Median Age
39%
College-Educated
94%
High-School Grad
16.4 sq mi
ZIP Area
1,400
Density / Sq Mi
$65,658
Median Household Income
$41,973
Median Earnings
$1,518
Median Rent
$378,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Central Marine Stuart — 200 NW Alice Ave, Stuart, FL 34994
  • Extra Space Storage — 1400 NE Savannah Rd, Jensen Beach, FL 34957
  • SmartStop Self Storage — 1105 NE Industrial Blvd, Jensen Beach, FL 34957

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial-zoned warehouse with separately metered tenant spaces and a brand-new roof.
Where is this warehouse located?
The property is located at 884-890 NE Pop Tilton Pl Jensen Beach, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 8,100‑square‑foot warehouse; Four separately metered tenants; Brand‑new roof
(772) 260-1655 Call to check price and availability
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