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Property profile & analytics
FOR LEASE
Warehouses
580 Northwest University Blvd Port St Lucie, FL 34986
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3962192
For Lease
1 / 9
$18 SF/Yr
580 Northwest University Blvd, Port St Lucie, FL 34986
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Property summary
AI-generated overview
The PSL Business Center, located at 580 NW University Blvd, Port St. Lucie, FL 34986 (cross streets: Peacock Blvd.), offers a diverse range of office spaces. This three-building complex, built in 2006, totals 114,884 square feet, situated on 11.25 acres. Currently, 43,487 square feet of space is available, with units ranging from a minimum of 192 square feet to a maximum contiguous space of 33,300 square feet. The property features single-story buildings with a Service Commercial zoning designation, allowing for uses permitted under General Commercial zoning and additional specified uses (see attached zoning ordinances for details). The location provides convenient access to shopping, dining, and entertainment. Ideal for traditional, executive, medical, or creative office uses, this property offers highly efficient flex space suitable for modern businesses. The property's APN is 3325-600-0004-000-7, and it's situated in the St. Lucie West submarket of St. Lucie County. Multiple tenancies are available.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Construction
CONCRETE BLOCKS
Total area
45,790 SF
Lot
11.25 ac (490,109 SF)
Zoning code
CS SERVIC
APN
3325-600-0004-000-7
UPID
US18-3962192
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.63M
Blend (final)
Blend
$5.98M
Owner & transaction history
Psl Business Center Partnership · 8 yrs held
Psl Business Center Partnership
since 2018
4 recorded transactions
Zoning & alternative use
CS SERVIC · Port Saint Lucie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$9.2M
+66.2%
Medical building
$8.7M
+56.2%
Office building
$8.2M
+46.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Port St Lucie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port St Lucie submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,560,000
Current use
RETAIL STORES
$9,240,000
Change: +66% · Conversion: Moderate
MEDICAL BUILDING
$8,685,000
Change: +56% · Conversion: Difficult
OFFICE BUILDING
$8,155,000
Change: +47% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$7,135,000
Change: +28% · Conversion: Easy
Blend value · Realmo final
$5.98M
Range $5.38M – $6.57M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$130 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$345,366
Tax year 2023
Assessed value
$16,592,300
Assessed 2023
Previous assessed
$16,592,300
+0.0% YoY
Effective rate
2.08%
On assessed value
Total market value
$16,592,300
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
2006
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
1
Total area
45,790 SF
Lot
11.25 ac (490,109 SF)
Zoning code
CS SERVIC
APN
3325-600-0004-000-7
UPID
US18-3962192
Jurisdiction
ST LUCIE
Zoning & alternative use
CS SERVIC · Port Saint Lucie, FL
Zoning CS SERVIC · permitted uses
CS SERVIC · Port Saint Lucie, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Saint Lucie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.6M
RETAIL STORES
Est. value
$9.2M
MEDICAL BUILDING
Est. value
$8.7M
OFFICE BUILDING
Est. value
$8.2M
INDUSTRIAL (GENERAL)
Est. value
$7.1M
WAREHOUSE, STORAGE Current
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
11.25 ac
Current owner
From public records · entity-resolved
Psl Business Center Partnership
Entity
Free & Clear · 8 yrs held
Mailing address
13280 NE 6TH AVE APT #100, NORTH MIAMI, FL 33161-4019
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2020
—
Psl Business Center Ptshp
—
Deed
related
$11,480,000 · City Nat'l Bk/fl
May 8, 2018
$16,400,000
Psl Business Center Partnership
Peacock Universityllc
Special Warranty Deed
—
Jul 2, 2004
$6,800,000
Peacock University LLC
St Lucie West Dev Co LLC
Grant Deed
—
—
—
Psl Business Center Ptshp
—
Loan Modification
related
$11,480,000 · City Nat'l Bk/fl
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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