10521 Vlg Ctr Dr Port Saint Lucie, FL 34987-1930
- Office buildings
- 29,532 SF
- 1.38 lot acres
Current Use by Public Records
- Office buildings
Property Details for 10521 Vlg Ctr Dr
- Year built
- 2005
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.38 lot acres
- Property size
- 29,532 SF
- Zone code
- MASTER PLA
- Property type
- Office buildings
- APN
- 4309-803-0015-000-3
- APU
- 430980300150003
Description
This Class A, two-story office building in the thriving Tradition community of Port St. Lucie, Florida, offers 32,071 square feet on 1.38 acres. The single-tenant building features convenient amenities including elevators. Located at 10521 SW Village Center Dr, Port St. Lucie, FL 34987 (APN 4309-803-0015-000-3), this property boasts high visibility from Interstate-95 and Tradition Parkway. Situated within Tradition Square, a vibrant mixed-use town center, the building offers easy access to shopping, dining, and entertainment options, including a Publix supermarket, restaurants, and retail shops. The surrounding area is experiencing significant growth, making this an excellent investment opportunity. The property benefits from its location in a master-planned community with a strong emphasis on walkability and community engagement. Tradition's amenities include a K-8 school, a large power center, and a new hospital, further enhancing the desirability of this location. The building's Class A designation reflects its high-quality construction and modern features, making it an attractive option for businesses seeking a prestigious and convenient location. The property's single-tenant occupancy presents a stable investment opportunity with potential for future growth. This exceptional property offers a unique blend of convenience, prestige, and investment potential in a rapidly expanding market.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,635,000
- 6.5%
- $6,125,000
- 7%
- $5,685,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $8,306,000
- AI Estimate
- $7,610,000
Market price range: $3.66M - $8.31MMarket price range: $2.38M - $7.61M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,255,000 Current use
- AUTO REPAIR, GARAGE
- $7,730,000 Change: +47% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $6,665,000 Change: +27% Conversion: Difficult
- RETAIL STORES
- $5,960,000 Change: +13% Conversion: Moderate
- MEDICAL BUILDING
- $5,595,000 Change: +7% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Port Saint Lucie
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.4321
- Latitude
- 27.2673
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA