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Eric M. Levitt Of EML Realty Partners Acquires Fort Pierce Industrial Facility For $3.2M

Property Image
SOLD
$3,200,000

Florida

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Commercial348,480 SF
Sold 12/11/2025
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Property Image
SOLD

Eric M. Levitt Of EML Realty Partners Acquires Fort Pierce Industrial Facility For $3.2M

8456 Orange Avenue

See Similar Deals
Commercial348,480 SF
Sold 12/11/2025
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Commercial
Price Per Square Foot:$9
Total Square Footage:348,480 SF
Transaction Type:Sale

EML Realty Partners acquired an eight-acre commercial property at 8456 Orange Avenue, Fort Pierce, for $3.2 million. The asset covers 348,480 square feet and is fully leased to national tenants The CDL Schools and Park My Fleet. This industrial outdoor storage facility is situated in a significant St. Lucie County industrial submarket, offering regional access and potential for increased value through rent adjustments.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: $3,200,000
  • Address: 8456 Orange Avenue
  • Market: Fort Pierce
  • Acres: 8
  • Square Footage: 348,480
  • Price Per Square Foot: $9
  • Buyer: Eric M. Levitt - EML Realty Partners

EML Realty Partners, represented in this transaction by Eric M. Levitt, successfully completed the purchase in a strategic market which contributes to its investment portfolio. The leasing arrangement with established national tenants provides stability and a strong foundation for future growth.

Players

Eric M. Levitt
EML Realty Partners
Eric M. Levitt
13 deals$63M volume
BUYER
EML Realty Partners
EML Realty Partners
BUYER

Details

SOLD
IMAGE: Eric M. Levitt DATE: 12/11/2025 ADDRESS: 8456 Orange Avenue MARKET: Fort Pierce ASSET TYPE: Commercial ~ ACRES: 8 BUYER: Eric M. Levitt - EML Realty Partners SALE PRICE: $3,200,000 SF: 348,480 ~ PPSF: $9 NOTE: EML Realty Partners acquired an eight-acre, 348,480-square-foot industrial outdoor storage facility at 8456 Orange Ave, Fort Pierce, for $3.2M, fully leased to national tenants The CDL Schools and Park My Fleet. The property, located in a prime St. Lucie County industrial submarket, offers strong regional access and value-add potential through rent increases.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$170,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,368.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,169.63
Annual Debt Service$182,035.59