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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    140 Huber Dr Fort Pierce, FL 34946

    • Commercial real estate
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5317014
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 140 Huber Dr

    Lot size
    0.28 lot acres
    Property type
    Commercial real estate
    APN
    1408-703-0028-000-8 1408-703-0027-000-8

    Description

    This exceptional offering presents a rare opportunity to acquire two contiguous vacant residential lots totaling 0.28 acres in desirable Fort Pierce, Florida. Located in St. Lucie County, these parcels, identified by APN numbers 1408-703-0028-000-8 and 1408-703-0027-000-8, are situated at 140 Huber Dr, 34946. Each individual lot comprises 0.14 acres, offering flexibility for development. The property is zoned RS-4, suitable for residential construction. Enjoy the convenience of being within walking distance of the Indro Savannahs Preserve and less than five miles from the inlet waterways. The surrounding area is characterized by established single-family homes, providing a desirable and consistent neighborhood context. This combined parcel presents a unique opportunity for building your dream home or a smart investment in a thriving Florida community. The asking price for this combined 0.28-acre property is $39,000. Don't miss this chance to secure this prime residential land in a sought-after location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.359889698039
    Latitude
    27.530017239969

    Comparable in this City

    • $15,000,000

      Prime Land on A1A

      40-acre mixed-use development site on A1A in Fort Pierce.
      6489 N Old Dixie Hwy, Fort Pierce, FL 34946
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    • $359,000

      Duplex Near Downtown Fort Pierce

      Duplex with consistent rental income near beaches and downtown.
      2536 Seneca Ave, Fort Pierce, FL 34946
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    • $87,000
      0.31 Acres

      Residential Land Near Canal

      Residential land in Fort Pierce, near beach and amenities.
      O Barcelona Ave, Fort Pierce, FL 34946
      View Details
    • $35,000
      0.03 Acres

      Vacant Lot in 55+ Community

      Cleared lot in a 55+ CO-OP community, tiny home approved!
      2023 St. Lucie Blvd, Fort Pierce, FL 34946
      View Details
    • $40,000
      Pending

      Residential Land in Fort Pierce

      Residential land suitable for development or long-term investment.
      1805 Barcelona Ave, Fort Pierce, FL 34946
      View Details
    • $1,000,000
      1.04 Acres

      Commercial Land on Busy Roadway

      Prime commercial land with high visibility and existing infrastructure.
      5335 Turnpike Feeder Rd, Fort Pierce, FL 34946
      View Details

    Similar Nearby for Sale

    • $15,000,000

      Prime Land on A1A

      40-acre mixed-use development site on A1A in Fort Pierce.
      6489 N Old Dixie Hwy, Fort Pierce, FL 34946
      View Details
    • $359,000

      Duplex Near Downtown Fort Pierce

      Duplex with consistent rental income near beaches and downtown.
      2536 Seneca Ave, Fort Pierce, FL 34946
      View Details
    • $87,000
      0.31 Acres

      Residential Land Near Canal

      Residential land in Fort Pierce, near beach and amenities.
      O Barcelona Ave, Fort Pierce, FL 34946
      View Details
    • $35,000
      0.03 Acres

      Vacant Lot in 55+ Community

      Cleared lot in a 55+ CO-OP community, tiny home approved!
      2023 St. Lucie Blvd, Fort Pierce, FL 34946
      View Details
    • $40,000
      Pending

      Residential Land in Fort Pierce

      Residential land suitable for development or long-term investment.
      1805 Barcelona Ave, Fort Pierce, FL 34946
      View Details
    • $1,000,000
      1.04 Acres

      Commercial Land on Busy Roadway

      Prime commercial land with high visibility and existing infrastructure.
      5335 Turnpike Feeder Rd, 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
    • $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
    • $21 SF/Yr
      1,365 SF

      Retail Space in Fort Pierce

      Retail space available in redeveloped community center with high visibility.
      1851-1889 N Us Highway 1, 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
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    140 Huber Dr
    Fort Pierce, FL 34946
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    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
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