Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3025 Prt St Lucie Blvd Port Saint Lucie, FL 34953-3226

    • Drive through restaurants
    • 2,865 SF
    • 0.73 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-8351513
    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

    • Drive through restaurants

    Property Details for 3025 Prt St Lucie Blvd

    Year built
    2018
    Construction
    CONCRETE BLOCKS
    Lot size
    0.73 lot acres
    Property size
    2,865 SF
    Zone code
    GENERAL CO
    Property type
    Drive through restaurants
    APN
    4418-703-0001-000-0
    APU
    441870300010000

    Description

    This exceptional investment opportunity presents a 2,201 square foot Zaxby's restaurant located at 3025 SW Port St Lucie Blvd, Port St Lucie, FL 34953. The property is situated on a 0.73-acre lot and operates under an absolute NNN lease with a remaining term of 10 years, including four (5) year renewal options. The lease features 2% annual rent bumps, ensuring consistent income growth. The current asking price is $2,665,000, representing a 6.75% cap rate and a price per square foot of $1,210.81. The property boasts a 100% occupancy rate and generates a strong net operating income (NOI) of $179,984. Benefiting from its location as an outparcel to a Walmart Neighborhood Market and Sympatico Plaza, this Zaxby's enjoys excellent visibility and accessibility from Port St Lucie Blvd, a major retail thoroughfare with high traffic volume. The property benefits from a dedicated turn lane and signalized intersection access. The surrounding area demonstrates significant population growth, making this a compelling investment in a thriving market. The strong tenant, Zaxby's, and the favorable lease terms contribute to the overall attractiveness of this offering. This property is a single-building retail investment with a proven track record of success.

    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
    Port Saint Lucie
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.3763
    Latitude
    27.2536
    CBSA code
    38940
    CBSA name
    PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $31,473
    $222,600
    $1,112,900
    $1,335,500
    -
    $222,600
    $1,112,900
    $1,335,500

    Comparable in this City

    • Value Estimation by Request
      2,150 SF

      Gatlin Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,150 SF
      Gatlin Blvd, Port Saint Lucie, FL 34953
      View Details
    • Value Estimation by Request
      3,191 SF

      2210 Gatlin Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,191 SF
      2210 Gatlin Blvd, Port Saint Lucie, FL 34953-2753
      View Details
    • Value Estimation by Request
      3,368 SF

      3199 Prt St Lucie Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,368 SF
      3199 Prt St Lucie Blvd, Port Saint Lucie, FL 34953-3228
      View Details
    • Value Estimation
      $3,750,000
      1,988 SF

      1840 Gatlin Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,988 SF
      1840 Gatlin Blvd, Port Saint Lucie, FL 34953-2703
      View Details
    • Value Estimation by Request
      3,827 SF

      1740 Gatlin Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,827 SF
      1740 Gatlin Blvd, Port Saint Lucie, FL 34953-2777
      View Details
    • Value Estimation by Request
      2,988 SF

      2880 Prt St Lucie Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,988 SF
      2880 Prt St Lucie Blvd, Port Saint Lucie, FL 34953-2835
      View Details

    Similar Nearby for Sale

    • $1,583,000
      510 SF

      New 7 Brew Ground Lease

      New construction 7 Brew with a 10-year ground lease.
      1907 SW Gatlin Blvd, Port Saint Lucie, FL 34953
      View Details
    • $125,000

      Profitable Jamaican Restaurant Opportunity

      Turn-key Jamaican restaurant for sale in Port St. Lucie.
      3453 SW Darwin Blvd, Port St Lucie, FL 34953
      View Details
    • $8,000,000
      9,838 SF

      Retail Plaza & Gas Station

      Retail plaza with gas station in a dense residential area.
      1293-1293 SW Del Rio Blvd, Port Saint Lucie, FL 34953
      View Details
    • $8,000,000
      9,838 SF

      Port St. Lucie Retail Plaza

      Prime retail plaza, gas station, high cap rate.
      1293 Del Rio Blvd, Port St. Lucie, FL 34953
      View Details
    • Contact for pricing
      41.37 Acres

      Prime Port St. Lucie Commercial Land

      41.37 Acres, Flexible Zoning, For Sale/Lease
      0 Village Pkwy, Port St. Lucie, FL 34953
      View Details
    • $400,000

      Established Smoke Shop, Port St. Lucie

      Profitable Smoke Shop, Prime Location
      914 Gatlin Blvd, Port St. Lucie, FL 34953
      View Details

    Similar Nearby for Lease

    • $35 SF/Yr
      2,124 SF

      Westport Plaza Retail Space Available

      Retail space in Westport Plaza with high traffic and visibility.
      2854-2872 SW Port St Lucie Blvd, Port Saint Lucie, FL 34953
      View Details
    • Contact for pricing
      43,560 SF

      Port St. Lucie Medical Office Opportunity

      Prime Medical & Retail Space Available
      0 Becker Rd. & Prt St, Port St. Lucie, FL 34953
      View Details
    • Contact for pricing
      230,500 SF

      Port St. Lucie Retail Center

      High-traffic retail space, flexible layouts.
      0 Nwc Prt St Lucie Blvd & Fl Tpke, Port St. Lucie, FL 34953
      View Details
    • Contact for pricing
      101,992 SF

      Coco Vista Center: Medical Retail Space

      Large Single-Tenant Retail Space Available
      464 Port St Lucie Blvd, Port St. Lucie, FL 34953
      View Details
    • Contact for pricing
      101,992 SF

      Coco Vista Center: Warehouse Space

      Prime Southeast Florida Warehouse, 101,992 sq ft.
      464 Port St Lucie Blvd, Port St. Lucie, FL 34953
      View Details
    • Contact for pricing
      80,000 SF

      Becker Town Center: Prime FL Space

      80,000 SF Retail/Office Opportunity
      0 Port St Lucie Blvd, Port St. Lucie, FL 34953
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3025 Prt St Lucie Blvd
    Port Saint Lucie, FL 34953-3226
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.