EML Realty Partners Sells 30,060 Square Foot Industrial Warehouse In Fort Pierce For $4.9M
309 Angle Road
$4,900,000
$163/SF
Building Size
30,060 SF
Asset Type
Industrial
Closing
Sep 7, 2025
AI
An industrial warehouse located at 309 Angle Road in Fort Pierce, FL, has been sold for $4,900,000. The asset spans 30,060 square feet and is situated on a 4.2-acre lot. The property features office space, workshop facilities, manufacturing space, cranes, overhead doors, and a fenced yard.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,900,000
- Seller: Eric M. Levitt
- Seller's Agency: EML Realty Partners
- Market: Fort Pierce
- Sale Price per Square Foot: $163
- Acres: 4.2
- Previous Purchase Price: $2,850,000
- Time of Ownership Before Sale: Less than one year
Eric M. Levitt of EML Realty Partners was the seller in this transaction. The property was acquired less than a year prior to this sale, indicating a significant increase in value during Levitt's ownership.
Fort Pierce Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93