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108 Depot Dr Fort Pierce, FL 34950

OFF-MARKET Office Spaces Google Maps
6,900 SF 0.16 ac lot Built 1897
Entity Owned 8-yr Hold
Estimated value
No estimation on file for this property yet.
Property ID US18-3878561

Property summary

AI-generated overview

This exceptional 6,900 square foot office building, located at 108 N Depot Dr in Fort Pierce, Florida, presents a unique investment opportunity. Built in 1897 and extensively renovated in 2017, this Class B property boasts a prime location in the heart of downtown Fort Pierce's Central Commercial (C4) district. The two-story building offers flexible space ideal for multiple tenants, providing ample room for a variety of business needs. The property sits on 0.16 acres and includes eight convenient parking spaces. Its central location offers easy access to the Fort Pierce waterfront, Fisherman's Wharf District, and Peacock Arts District, placing your business within a thriving and vibrant community. The property's APN is 2410-503-0082-000-7. This is a rare chance to acquire a well-maintained, historically significant building in a rapidly growing area, offering significant potential for return on investment. The building's flexible layout allows for customization to suit diverse business requirements, making it an attractive option for a range of commercial enterprises. Don't miss this opportunity to establish your business in a highly desirable and accessible location. The zip code is 34950.

Property profile

Verified
Property type Office Spaces
Year built 1897
Total area 6,900 SF
Lot 0.16 ac (6,970 SF)
UPID US18-3878561

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Telecommunications Service General Contractor
  • Real Estate Agency
  • Charitable Organization Social Service Agency
  • Theater & Performing Art Venue
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2018
1 recorded transaction
2018
$400,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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