1631 Gatlin Blvd Port St. Lucie, FL 34953
- Office buildings
- 9,570 SF
- 1.61 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1631 Gatlin Blvd
- Year built
- 2019
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.61 lot acres
- Property size
- 9,570 SF
- Zone code
- LIMITED MI
- Property type
- Office buildings
- APN
- 3420-650-0018-000-5
- APU
- 342065000180005
Description
This exceptional 1,288 square foot medical office space is ideally located within the Gatlin Kidney Care facility on heavily trafficked Gatlin Boulevard. Its strategic position between I-95 and Florida's Turnpike ensures excellent accessibility and high visibility. The property benefits from its proximity to a thriving commercial and medical hub, including the Cleveland Clinic Tradition Hospital, Florida International University/Torrey Pines Institute of Molecular Studies, and Keiser University, solidifying its position within the burgeoning New Research and Development Hub. The building itself is a robust concrete block structure featuring impact windows, a finished bathroom, a functioning HVAC unit, and a complete electrical system with a dedicated panel. Plumbing is fully installed, including a water heater and fire sprinkler system for enhanced safety. Demised walls provide defined space, and the concrete slab foundation offers durability. The unit is separately metered for efficient utility management. The property offers 5 parking spaces per 1,000 square feet of building space. The total building size is 9,570 square feet, with 1,288 square feet currently vacant and available. The property is zoned for professional use (APN: 3420-650-0018-000-5). This single-tenant space presents a unique opportunity for medical professionals seeking a well-equipped and strategically located office.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,150,000
- 6.5%
- $1,985,000
- 7%
- $1,845,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,917,000
- AI Estimate
- $1,173,000
Market price range: $1.18M - $2.73MMarket price range: $490k - $1.59M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,705,000 Current use
- AUTO REPAIR, GARAGE
- $2,505,000 Change: +47% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,160,000 Change: +27% Conversion: Difficult
- RETAIL STORES
- $1,930,000 Change: +13% Conversion: Moderate
- MEDICAL BUILDING
- $1,815,000 Change: +7% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $1,380,000 Change: -19% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Port Saint Lucie
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.3987
- Latitude
- 27.2651
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA
