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309 Angle Road

EML Realty Partners Sells 30,060 Square Foot Industrial Warehouse In Fort Pierce For $4.9M
SOLDIndustrial

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.

Players

Eric M. Levitt

EML Realty Partners

Seller

$63M

vol

13 deals

Seller

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