Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    SW Gatlin Blvd Port St Lucie, FL 34953

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    3.24 acres of commercial land suitable for various businesses.

    Type:Land
    Lot size:
    3.24 Acres
    Added:
    Feb 15, 2021
    Days on Market:
    1891
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for SW Gatlin Blvd

    General Information

    Standard status
    Active
    Lot size
    3.24 Acres
    Property subtype
    Land

    Spaces For Lease

    at SW Gatlin Blvd Contact us

    We can help!

    Listing Contact
    Douglas Legler

    Listing agent Douglas Legler License #FL BK3160171

    Listing office Cushman & Wakefield - Stuart

    Listing date Feb 15, 2021

    Source Crexi

    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 Cushman & Wakefield - Stuart

    Overview

    Prime Commercial Land on Gatlin

    This property features 3.24 acres of high, dry, commercial land. It is zoned to allow for retail, restaurant, office, bank, medical, and other uses. The location is near Sam’s Club, Walmart, Bass Pro Shops, Floor & Décor, Home Depot, and other national retailers. Over 20,000 homes are in development directly west of the property in Tradition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Port St Lucie
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.3758858
    Latitude
    27.2580903

    Nearby Similar for Lease

    • $24/mo

      Medical Building Near St. Lucie Hospital

      Turnkey medical building for lease in prime location.
      1405 SE Goldtree Drive, Port St. Lucie, FL 34952
      View Details
    • Contact for pricing

      Professional Space on Port St. Lucie

      Professional space on a busy corridor with private entrance.
      501 SW Port St Lucie Boulevard, Port St. Lucie, FL 34953
      View Details
    • Contact for pricing

      Flexible Co-working Space For Rent

      Co-working space in St. Lucie West, flexible terms.
      300 NW Bethany Drive, Port St. Lucie, FL 34986
      View Details
    • $26/mo

      Freestanding Building on US Highway

      General Commercial zoning ideal for retail, medical, or restaurant.
      10244 S US Highway 1, Port St Lucie, FL 34952
      View Details
    • Contact for pricing

      Port St. Lucie Executive Suite

      Executive office suite in Port St. Lucie medical corridor.
      2100 SE Hillmoor Drive, Port St. Lucie, FL 34952
      View Details
    • Contact for pricing

      Class A Office Suite Available

      Professional office suite with private offices and open space.
      2100 SE Hillmoor Drive, Port St. Lucie, FL 34952
      View Details
    • $24/mo

      Medical Office Space For Rent

      Updated medical office space available for rent in Port St. Lucie.
      1801 SE Hillmoor Drive, Port St Lucie, FL 34952
      View Details
    • $22/mo

      Port St. Lucie Commercial Space

      Office space with high visibility in Port St. Lucie.
      1399 SE Port Saint Lucie Boulevard, Port St. Lucie, FL 34952
      View Details
    • Contact for pricing

      Renovated Warehouse Unit For Rent

      Newly renovated warehouse unit with new A/C and restroom.
      1741 SW South Macedo Blvd, Port St. Lucie, FL 34984
      View Details
    • $24/mo

      Visible Corner Office Space Available

      Office space with high visibility and convenient access.
      481 Southwest Port Saint Lucie Boulevard, Port St. Lucie, FL 34953
      View Details
    • $23/mo

      Port St. Lucie Retail Center

      Retail strip center with high-traffic exposure on US-1 Highway.
      7630 S US Highway 1, Port St. Lucie, FL 34952
      View Details
    • Contact for pricing

      Port St. Lucie Warehouse Space

      Warehouse space available for rent in Port St. Lucie.
      1746 SW Biltmore St 1746, Port St. Lucie, FL 34984
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.24 acres of commercial land suitable for various businesses.
    Where is this commercial land located?
    The property is located at SW Gatlin Blvd Port St Lucie, FL.
    What are key features of this property?
    This property features: Prime commercial location on Gatlin Blvd, the largest remaining available site.; High‑growth area: Port Saint Lucie is a nationally recognized desirable place to live and do business.; High‑density residential development: Over 20,000 homes in development directly west of the property in Tradition.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Douglas Legler
    Real Estate License ID: FL BK3160171
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!