Updated Sep 8, 2025
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
About this deal
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.
On the Map
$4,900,000
$163/SF
Industrial
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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