Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Del Monte St Fort Pierce, FL 34946

    • Land
    • 0.92 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Del Monte St

    Lot size
    0.92 lot acres
    Property type
    Land

    Description

    Johnston Plaza, located in Providence County, offers 121,437 square feet of retail space with multiple tenancy options. Three spaces are currently available, ranging from 2,598 to 54,855 contiguous square feet, with a total of 61,274 square feet currently vacant. This prime retail location boasts excellent visibility and accessibility, situated along Atwood Avenue, a major thoroughfare providing convenient access to US Route 6, Route 6A, Route 5, and I-295. The property features ample parking with 649 spaces available for customers and employees. The flexible space options make it ideal for a variety of retail businesses, from smaller boutiques to larger anchor tenants. The high traffic volume on Atwood Avenue ensures significant exposure to potential customers. This presents a unique opportunity to establish or expand a retail presence in a thriving commercial area. The property's size and convenient location make it an attractive investment for businesses seeking a strong foothold in a busy retail corridor. Interested parties are encouraged to inquire about available space and lease terms. The minimum divisible space is 2,598 square feet.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.356
    Latitude
    27.519

    Comparable in this City

    • Value Estimation by Request
      0.28 Acres

      140 Huber Dr

      Land • 0.28 Acres
      140 Huber Dr, Fort Pierce, FL 34946
      View Details
    • Value Estimation by Request
      0.23 Acres

      241 Julian Dr

      Land • 0.23 Acres
      241 Julian Dr, Fort Pierce, FL 34946
      View Details
    • Value Estimation by Request
      3.26 Acres

      Ridgehaven Rd

      Land • 3.26 Acres
      0 Ridgehaven Rd, Fort Pierce, FL 34946
      View Details
    • Value Estimation by Request
      3,360 SF

      3300 Kings Hwy

      Land • 3,360 SF
      3300 Kings Hwy, Fort Pierce, FL 34946
      View Details
    • Value Estimation by Request
      1.02 Acres

      5299 St Lucie Blvd

      Land • 1.02 Acres
      5299 St Lucie Blvd, Fort Pierce, FL 34946
      View Details
    • Value Estimation by Request
      0.50 Acres

      Milton Rd

      Land • 0.50 Acres
      0 Milton Rd, Fort Pierce, FL 34946
      View Details

    Similar Nearby for Sale

    • $130,000
      0.50 Acres

      U.S. Hwy 1 Commercial Land

      High-traffic corner lot, excellent exposure.
      0 Milton Rd, Fort Pierce, FL 34946
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale in Fort Pierce, Florida.
      8 W Dixie Blvd, Fort Pierce, FL 34946
      View Details
    • Contact for pricing

      Land For Sale

      Land available for purchase.
      5 W Dixie Blvd, Fort Pierce, FL 34946
      View Details
    • $4,200,000
      44.57 Acres

      Fort Pierce Industrial Land

      44.57 Acres, Prime Development
      3032 25Th St, Fort Pierce, FL 34946
      View Details
    • $30,000

      Land in Growing Area

      Land available for building or investment in Fort Pierce.
      N San Diego Ave, Fort Pierce, FL 34946
      View Details
    • $3,600,000

      Land Portfolio in Fort Pierce

      Portfolio of eight properties with future zoning potential.
      Seneca Ave Ave, Fort Pierce, FL 34946
      View Details

    Similar Nearby for Lease

    • $0.75 SF/Yr
      6,000 SF

      Fort Pierce Industrial Flex Space

      5 Acres, 6,000 SF Building, Ample Parking
      3462 Us Highway 1, Fort Pierce, FL 34946
      View Details
    • $15,000 /Mo

      Prime Land Near Airport

      1.1-acre commercial land parcel near airport, ideal for various businesses.
      5299 St. Lucie Blvd, Fort Pierce, FL 34946
      View Details
    • $38 SF/Yr
      4,648 SF

      Fort Pierce Commercial Property

      Highway 1 Automotive Dealership Opportunity
      3535 Old Dixie Hwy, Fort Pierce, FL 34946
      View Details
    • $1.93 SF/Yr
      21,019 SF

      Renovated Industrial Building with Fenced Yards

      Light industrial building with office space, overhead doors, fenced yards.
      2700 Industrial Avenue 3, Fort Pierce, FL 34946
      View Details
    • $1,000 /Mo
      25,000 SF

      Office Space at Commerce Center

      Office spaces available in Fort Pierce, Florida.
      3250 Saint Lucie Blvd, Fort Pierce, FL 34946
      View Details
    • $2,200,000
      59,677 SF

      Fort Pierce Office/Warehouse Opportunity

      11,476 sq. ft. Class B office building for rent.
      3030 N 25Th St, Fort Pierce, FL 34946
      View Details
    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.
    Del Monte St
    Fort Pierce, FL 34946
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.