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

    1610 25Th St Fort Pierce, FL 34947

    • Commercial real estate
    • 10,136 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5181521
    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

    • Meraki Cleaning Solutions / (Bike/Boat/Book/etc) Store

    Property Details for 1610 25Th St

    Year built
    1969
    Property size
    10,136 SF
    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity presents a well-maintained 14-unit multifamily property located at 1610 N 25th St, Fort Pierce, Florida, 34947. The property, built in 1969, comprises a single two-story building totaling 10,136 square feet. Each of the 14 units offers 720 square feet of living space, featuring two bedrooms and one bathroom. Tenant convenience is maximized with individual electrical meters and central air conditioning in every unit. Ample on-site parking is provided. Further enhancing income potential, the property includes two designated areas for shared laundry facilities. Recent capital improvements significantly enhance the property's value and longevity. These include a new roof installed in 2022 and comprehensive underground electrical upgrades completed in 2023. Situated on a major street within a high-demand rental market, this property offers strong cash flow and significant upside potential. The asking price is $2,200,000, with 40% owner financing available, making this a compelling investment opportunity in the thriving Fort Pierce market. This property is ideally suited for investors seeking a stable, income-generating asset with significant potential for future appreciation.

    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
    -80.3493575
    Latitude
    27.4644803

    Comparable in this City

    • $3,700,000

      Entitled Land Parcel For Sale

      10.03 acres entitled for 144 units with paid impact fees.
      100 Misty Ln, Fort Pierce, FL 34947
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    • $995,000

      Unique Residential/Income Property in Fort Pierce

      Secure residential/income property on 6 acres in Central Fort Pierce.
      1210 Hartman Rd, Fort Pierce, FL 34947
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    • $2,500,000
      6.87 Acres

      Aria Apartments: 112 Units, Fort Pierce

      Prime Multifamily Investment: Approved Site Plan
      3000 Okeechobee Rd, Fort Pierce, FL 34947
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    • $509,900
      1,780 SF

      New Duplex in Fort Pierce

      New construction duplex in Fort Pierce, ready for immediate rental.
      2703 Avenue G, Fort Pierce, FL 34947
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    • $3,500,000
      39.57 Acres

      Prime 39-Acre Development Land

      Fort Pierce, FL Residential Land
      0 Jenkins Rd, Fort Pierce, FL 34947
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    • $1,800,000
      5.33 Acres

      Fort Pierce Development Land

      5.33 Acres, 64 Units Possible
      0 Virginia Ave, Fort Pierce, FL 34947
      View Details

    Similar Nearby for Sale

    • $3,700,000

      Entitled Land Parcel For Sale

      10.03 acres entitled for 144 units with paid impact fees.
      100 Misty Ln, Fort Pierce, FL 34947
      View Details
    • $995,000

      Unique Residential/Income Property in Fort Pierce

      Secure residential/income property on 6 acres in Central Fort Pierce.
      1210 Hartman Rd, Fort Pierce, FL 34947
      View Details
    • $2,500,000
      6.87 Acres

      Aria Apartments: 112 Units, Fort Pierce

      Prime Multifamily Investment: Approved Site Plan
      3000 Okeechobee Rd, Fort Pierce, FL 34947
      View Details
    • $509,900
      1,780 SF

      New Duplex in Fort Pierce

      New construction duplex in Fort Pierce, ready for immediate rental.
      2703 Avenue G, Fort Pierce, FL 34947
      View Details
    • $3,500,000
      39.57 Acres

      Prime 39-Acre Development Land

      Fort Pierce, FL Residential Land
      0 Jenkins Rd, Fort Pierce, FL 34947
      View Details
    • $585,000
      2,962 SF

      Fort Pierce 6-Plex Investment

      High-yield, 6-unit value-add opportunity.
      213 27Th St, Fort Pierce, FL 34947
      View Details

    Similar Nearby for Lease

    • $1,375 /Mo

      Remodeled Apartment with In-Unit Laundry

      Recently remodeled 2-bedroom apartment with in-unit laundry and central AC.
      503 N 25Th St, Fort Pierce, FL 34947
      View Details
    • $17 SF/Yr
      44,185 SF

      Executive Office Suites, Fort Pierce

      Prime Office Space Available, 1,642-2,764 SF
      1903 25Th St, Fort Pierce, FL 34947
      View Details
    • $9,850,000
      10,296 SF

      Industrial Zoned Property For Lease

      17.09-acre industrial zoned property with prime development potential.
      Tbd Orange Ave, Fort Pierce, FL 34947
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    • $14 SF/Yr
      3,000 SF

      Warehouse Space for Rent

      3,000 sqft warehouse space with easy highway access.
      517 S 33Rd St, Fort Pierce, FL 34947
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    • $3,000 /Mo
      3,276 SF

      Warehouse with Office and Yard

      3,276 SF warehouse with office, loading dock, and yard.
      1501 S 31St St, Fort Pierce, FL 34947
      View Details
    • $30,000
      69,696 SF

      Fort Pierce Industrial Land for Lease

      1.6-acre industrial lot, prime location.
      561 Angle Rd, Fort Pierce, FL 34947
      View Details
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    1610 25Th St
    Fort Pierce, FL 34947
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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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