Financial
Distress signals
Property profile

865 South Kings Hwy Fort Pierce, FL 34945

FOR SALE
Other industrial properties
Property ID
US18-6157179
1,536 SF 0.02 ac lot Built 2006
Last sale Apr 2025 · $325,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This industrial flex warehouse condominium is located in First Source Commerce Park on Kings Highway in Fort Pierce. The unit contains approximately 1,992± SF total, consisting of about 1,536± SF on the ground level and about 456± SF on a second floor. The ground level includes approximately 1,080± SF of open warehouse area with 20-foot clear heights and a 10’ x 14’ grade-level overhead door, supporting uses such as equipment storage, light assembly, trades work, and vehicle/boat/RV storage.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$261k
Assessed improvement$261k
Effective rate1.23%

Value estimate

· Sep 2026
$240k
$216k – $264k
AI approach$240k
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$4k
Operating expenses−$10k
NOI · 5.52% cap applied$19k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$144/SF
Submarket average, outlier-cleaned · 186 recorded sales of this use type
Observed band · Q1–Q3$89 – $233
Qualifying comparables5

Cap rate analysis

How does the asset earn?
5.52%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
INDUSTRIAL
JurisdictionST LUCIE

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.0
Smoke and Vape Shop8.4
Hair Salon8.2

Location

865 South Kings Hwy Fort Pierce, FL 34945
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
845 Kings, Fort Pierce, FL 34945-3016 $300,000 Mar 2024 1,560 SF
343 Trowbridge, Fort Pierce, FL 34945-4632 $2,800,000 Nov 2023 1,680 SF
883 Kings, Fort Pierce, FL 34945-3016 $307,200 Nov 2022 1,536 SF
881 Kings, Fort Pierce, FL 34945-3016 $302,400 Nov 2022 1,512 SF
839 Kings, Fort Pierce, FL 34945-3016 $145,000 Dec 2021 1,536 SF
847 Kings, Fort Pierce, FL 34945-3016 $125,000 Mar 2021 1,560 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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