Property profile

3781 Oleander Ave Fort Pierce, FL 34982

FOR SALE
Industrial properties
Property ID
US18-5909319
1,035 SF 0.02 ac lot Built 2006
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 1,035-square-foot warehouse located at 3781 Oleander Ave, Fort Pierce, FL 34982. The property, built in 2006 and renovated in 2021, is classified as Class C and offers a versatile space suitable for distribution, flex, or standard warehouse operations. The building, one of one on a 999 square foot lot, features two stories, providing ample space for various uses. The warehouse boasts an 18-foot ceiling height and a single loading dock with one 18-foot-high dock door. The property includes 3 parking spaces per unit and is zoned for industrial use. The net rentable area is 1,035 square feet, matching the total square footage and air rights. This multi-tenant property is currently on record as having one unit. Its strategic location in St. Lucie County offers easy access to major highways, making it ideal for businesses requiring efficient logistics and operations. The asking price for this mixed-use industrial property is $205,000. This presents a strong opportunity for investors seeking a versatile and well-located commercial property in a growing market. The air-conditioned office space adds to the property's appeal, making it suitable for a variety of businesses.

Property profile

Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 2006
Construction CONCRETE BLOCKS
Total area 1,035 SF
Lot 0.02 ac (999 SF)
Zoning code INDUSTRIAL
APN 2433-503-0010-000-3
UPID US18-5909319

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Plumbing Service General Contractor

Location

3781 Oleander Ave Fort Pierce, FL 34982
Fort Pierce metro Census 381402 PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k

Owner & transaction history

since 2023
Last sale
$155,000
5 recorded transactions
2023
$155,000
2009
$65,000
2008
Price N/A
2007
$140,000
2004
$115,000

Zoning & alternative use

INDUSTRIAL · Fort Pierce, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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