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    3802 Oleander Ave Fort Pierce, FL 34982

    For Sale
    $1,499,999

    Six-unit industrial complex, high-traffic location.

    Property size:
    5,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a multi-tenant property located at 3802 Oleander Avenue in Fort Pierce, Florida, 34982. The property, built in 1973, encompasses a total of 5,520 square feet and sits on a 0.92-acre lot with a fully paved parking area. The complex comprises six units, offering a diverse range of uses. A significant portion of the property consists of a 4,020 square foot industrial warehouse building featuring five bays. Four of these bays have been fully finished with drywall and insulation, equipped with two 5-ton air conditioning units, and are currently utilized as an auditorium. An additional 1,620 square foot office building is also included, currently operating as a veterinary medical center. The property benefits from a fenced-in area and is situated on busy Oleander Avenue, ensuring high visibility and accessibility. The asking price for this lucrative investment is $1,499,999. This property offers a unique blend of industrial and office space, presenting a strong potential for rental income and future appreciation. The existing tenants provide a stable income stream, while the versatile layout allows for adaptability to changing market demands. This is a rare opportunity to acquire a well-maintained, multi-tenant property in a prime Fort Pierce location.

    Property Features for 3802 Oleander Ave

    General Information

    Property type
    Specialty properties
    Square Feet
    5,520 SF

    Building Details

    Year Built
    1973
    Units
    6

    HighLights

    • Multi‑tenant property at 3802 Oleander Ave, Fort Pierce, FL 34982.
    • 5,520 SF building on a 0.92‑acre lot with paved parking.
    • Six units total: 4,020 SF industrial warehouse (five bays, four finished with HVAC) and 1,500 SF office building.
    • Currently houses an auditorium and veterinary clinic, providing stable income.
    • Asking price: $1,499,999.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rescue Adoption, Inc. Non-Profit Organization

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.3336163
    Latitude
    27.3910067

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    FAQs

    What type of property is this?
    Specialty property - Six-unit industrial complex, high-traffic location.
    Where is this specialty property located?
    The property is located at 3802 Oleander Ave Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $1,499,999.
    What are key features of this property?
    This property features: Multi-tenant property at 3802 Oleander Ave, Fort Pierce, FL 34982.; 5,520 SF building on a 0.92-acre lot with paved parking.; Six units total: 4,020 SF industrial warehouse (five bays, four finished with HVAC) and 1,500 SF office building.
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    Fort Pierce, FL 34982
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3802 Oleander Ave Fort Pierce, FL 34982
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