Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9471 SW Discovery Way Port St Lucie, FL

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    One acre of land suitable for various commercial developments.

    Lot size:
    1.00 Acre

    Property Features for 9471 SW Discovery Way

    General Information

    Lot size
    1.00 Acre

    We can help!

    Listing Contact
    Douglas Legler
    Douglas Legler
    Source: Moodyscre

    Listing Agent: Douglas Legler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Land for Development Opportunity

    This property offers the potential to develop one acre of land for medical, office, retail, or institutional purposes, with approximately 20,000 square feet of development rights. It is situated near major medical offices, including the Cleveland Clinic Tradition, as well as retail and other office uses. The surrounding area includes approximately 40,000 residential units, both planned and existing.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port St Lucie
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.3256056
    Latitude
    27.4467056

    Nearby Similar for Sale

    • $235,000
      0.02 Acres

      Port St Lucie Showroom/Warehouse

      Turnkey showroom/warehouse in established Port St. Lucie commercial district.
      1459 SE Village Green Dr, Port St Lucie, FL 34952
      View Details
    • New
      $350,000
      0.08 Acres

      Luxury RV Lot on Golf Course

      Impeccably designed RV lot with tiki structure and outdoor kitchen.
      375 NW Boundary Dr, Port St Lucie, FL 34986
      View Details
    • $425,000
      0.07 Acres

      Tiki Lot in Port St. Lucie

      Turnkey tropical retreat with water views and modern amenities.
      509 NW Chipshot Ln, Port St Lucie, FL 34986
      View Details
    • $300,000
      0.07 Acres

      Port St Lucie Land with Amenities

      Land with tiki hut, kitchen, bar, and golf course views.
      421 NW Chipshot Ln, Port St Lucie, FL 34986
      View Details
    • New
      $275,000
      3,757 SF

      Golf Course View Corner Lot

      Oversized corner lot with golf course and lake views.
      426 NW Chipshot Ln, Port St Lucie, FL 34986
      View Details
    • $329,000
      0.07 Acres

      Luxury RV Lot with Tiki

      Move-in-ready RV lot with tiki, golf course, and lake views.
      485 NW Boundary Dr, Port St Lucie, FL 34986
      View Details
    • $499,000
      0.02 Acres

      Medical Office in Excellent Condition

      Well-located medical office with five exam rooms and ample space.
      439 NW Prima Vista Blvd, Port St Lucie, FL 34983
      View Details
    • New
      $274,900
      0.10 Acres

      Port St Lucie Nature Retreat

      Private, furnished lot with mature landscaping and resort-style living.
      60 NW Boundary Dr, Port St Lucie, FL 34986
      View Details
    • $339,000
      0.07 Acres

      Port St Lucie Land Parcel

      Spacious corner lot with golf course view and tiki hut.
      386 NW Boundary Dr, Port St Lucie, FL 34986
      View Details
    • New
      $999,888
      0.79 Acres

      US-1 Frontage Commercial Lot

      Commercial lot with high traffic frontage on US-1.
      10720 S Us Highway 1, Port St Lucie, FL 34952
      View Details
    • New
      $215,000
      0.06 Acres

      Lakefront Lot with Golf Views

      Furnished lot near amenities in Motorcoach Resort St. Lucie West.
      355 NW Foursome Ln, Port St Lucie, FL 34986
      View Details
    • New
      $279,000
      Pending

      Port St Lucie Corner Lot

      Meticulously maintained corner lot with exceptional views and luxury upgrades.
      451 NW Sandtrap Ln, Port St Lucie, FL 34986
      View Details

    FAQs

    What type of property is this?
    Land - One acre of land suitable for various commercial developments.
    Where is this land located?
    The property is located at 9471 SW Discovery Way Port St Lucie, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - 1 acre with development potential for Medical, Office, Retail, or Institutional use.; - Approximately 20,000 SF of development rights.; - Proximity to major medical offices, including Cleveland Clinic Tradition.
    (772) 286-6292 Call to check price and availability
    Request Owner's contact information
    9471 SW Discovery Way Port St Lucie, FL
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9471 SW Discovery Way
    Port St Lucie, FL
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9471 SW Discovery Way Port St Lucie, FL
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Douglas Legler
    Douglas Legler
    Real Estate License ID: #BK3160171
    (772) 286-6292 (772) 405-7778
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!