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    3802 Oleander Ave Fort Pierce, FL 34982
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    Property profile & analytics

    3802 Oleander Ave Fort Pierce, FL 34982


    • Warehouses
    • 4,020 SF
    • 0.92 lot acres
    Multi-Tenant Investment Opportunity For Sale
    $1,499,999
    5,520 SF

    Multi-Tenant Investment Opportunity

    Industrial warehouse and office building on 0.92 acres.

    3802 OLEANDER AVENUE, Fort Pierce, FL 34982
    View Listing
    Property ID
    US18-5216755
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rescue Adoption, Inc. / Charitable Organization / Social Service Agency

    Property Details for 3802 Oleander Ave

    Year built
    1985
    Construction
    CONCRETE BLOCKS
    Lot size
    0.92 lot acres
    Property size
    4,020 SF
    Zone code
    INDUSTRIAL
    Property type
    Warehouses
    APN
    2434-601-0064-500-5
    APU
    243460100645005

    Description

    This exceptional investment opportunity presents a multi-tenant property located at 3802 Oleander Avenue in Fort Pierce, Florida, 34982. The property, built in 1973, encompasses a total of 5,520 square feet and sits on a 0.92-acre lot with a fully paved parking area. The complex comprises six units, offering a diverse range of uses. A significant portion of the property consists of a 4,020 square foot industrial warehouse building featuring five bays. Four of these bays have been fully finished with drywall and insulation, equipped with two 5-ton air conditioning units, and are currently utilized as an auditorium. An additional 1,620 square foot office building is also included, currently operating as a veterinary medical center. The property benefits from a fenced-in area and is situated on busy Oleander Avenue, ensuring high visibility and accessibility. The asking price for this lucrative investment is $1,499,999. This property offers a unique blend of industrial and office space, presenting a strong potential for rental income and future appreciation. The existing tenants provide a stable income stream, while the versatile layout allows for adaptability to changing market demands. This is a rare opportunity to acquire a well-maintained, multi-tenant property in a prime Fort Pierce location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $575,000
      6.5%
      $530,000
      7%
      $490,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $610,000
      Market price range: $306k - $670k
      AI Estimate
      $447,000
      Market price range: $155k - $507k
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $490,000
      Current use
      RETAIL STORES
      $810,000
      Change: +66% Conversion: Moderate
      MEDICAL BUILDING
      $765,000
      Change: +56% Conversion: Difficult
      OFFICE BUILDING
      $715,000
      Change: +47% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.3334
    Latitude
    27.3911
    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
    $9,150
    $275,900
    $329,500
    $605,400
    -
    $275,900
    $329,500
    $605,400
    View Listing
    More about this property
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