3802 Oleander Ave, Fort Pierce, FL 34982
For Sale
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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.
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Rescue Adoption, Inc. Charitable Organization Social Service Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
INDUSTRIAL · Fort Pierce, FLFort Pierce. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.