1449 Vlg Grn Dra3 Port Saint Lucie, FL 34952-3460
This exceptional commercial property, located at 1449 SE Village Green Drive in Port St. Lucie, Florida, 34952, presents a fantastic investment opportunity. Priced at $339,900, this 1,200 square foot warehouse offers two units currently configured as one, providing flexibility for a variety of uses. Built in 1984, the property boasts excellent street frontage and ample parking. The space includes two bathrooms and is currently used for personal storage, but could easily be converted back into two separate units. The addition of roll-up doors is also a possibility. This versatile property is perfect for a mechanic, shop, retail business, or office space. The property is a commercial condo with a quarterly HOA fee of $645. City water and sewer services are available, and property taxes are notably low. Its prime location, just one block from US1, ensures high visibility and accessibility. The lot size is not specified. This is a gross lease, vacant and ready for immediate occupancy. The cap rate is 8.20%.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.