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    1449 Vlg Grn Dr Port St. Lucie, FL 34952

    Sponsored
    For Sale
    $339,900

    Two-unit warehouse, ideal for small business.

    Property size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 1449 SE Village Green Drive in Port St. Lucie, Florida, 34952, presents a fantastic investment opportunity. Priced at $339,900, this 1,200 square foot warehouse offers two units currently configured as one, providing flexibility for a variety of uses. Built in 1984, the property boasts excellent street frontage and ample parking. The space includes two bathrooms and is currently used for personal storage, but could easily be converted back into two separate units. The addition of roll-up doors is also a possibility. This versatile property is perfect for a mechanic, shop, retail business, or office space. The property is a commercial condo with a quarterly HOA fee of $645. City water and sewer services are available, and property taxes are notably low. Its prime location, just one block from US1, ensures high visibility and accessibility. The lot size is not specified. This is a gross lease, vacant and ready for immediate occupancy. The cap rate is 8.20%.

    Property Features for 1449 Vlg Grn Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    1,200 SF

    Building Details

    Year Built
    1984
    Units
    2

    HighLights

    • 1,200 SF warehouse condo in Port St. Lucie, FL, priced at $339,900.
    • Currently configured as a single unit, easily convertible to two.
    • Excellent street frontage, ample parking, and two bathrooms.
    • Located one block from US1, offering high visibility and accessibility.
    • Gross lease, vacant, and ready for immediate occupancy; 8.20% cap rate; $645 quarterly HOA fee.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Port St. Lucie
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.3066971
    Latitude
    27.3059983

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    FAQs

    What type of property is this?
    Distribution property - Two-unit warehouse, ideal for small business.
    Where is this distribution property located?
    The property is located at 1449 Vlg Grn Dr Port St. Lucie, FL.
    What is the asking price?
    The asking price for this property is $339,900.
    What are key features of this property?
    This property features: 1,200 SF warehouse condo in Port St. Lucie, FL, priced at $339,900.; Currently configured as a single unit, easily convertible to two.; Excellent street frontage, ample parking, and two bathrooms.
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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
    1449 Vlg Grn Dr Port St. Lucie, FL 34952
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