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    Midway Rd Fort Pierce, FL 34945

    For Sale
    $26,000,000

    74 Acres, I-95 Access, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 74.1-acre commercial and industrial land parcel presents a significant development opportunity in rapidly growing St. Lucie County, Florida. Located on West Midway Road with immediate I-95 access, this strategically positioned site boasts 971.36 lineal feet of frontage, offering unparalleled visibility and connectivity. The property is situated within a thriving area experiencing substantial growth, surrounded by proposed and approved mixed-use developments incorporating industrial, residential, and retail components. This prime location provides direct access to all eastern Florida markets, making it ideal for a wide range of commercial and industrial uses. The potential for commercial and/or residential zoning further enhances the investment potential. This expansive tract offers developers a unique chance to capitalize on the area's burgeoning growth and create a landmark development. The asking price is $26,000,000. The property's location in one of the three counties comprising Florida's Treasure Coast adds to its desirability. This is a rare opportunity to acquire a large, well-located parcel of land poised for significant future appreciation. The site's proximity to I-95 ensures easy access to major transportation arteries, facilitating efficient logistics and distribution. This makes it an attractive option for businesses seeking a strategic location to expand their operations.

    Property Features for 0 Midway Rd

    General Information

    Property type
    Land
    Lot Size
    3,227,796 SF

    HighLights

    • $26,000,000 asking price.
    • 74.1‑acre land parcel.
    • Commercial and industrial zoning potential.
    • 971.36 linear feet of frontage on Midway Road.
    • Located in St. Lucie County, Florida, near I‑95.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.418174
    Latitude
    27.373755

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    FAQs

    What type of property is this?
    Land - 74 Acres, I-95 Access, High Potential
    Where is this land located?
    The property is located at Midway Rd Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $26,000,000.
    What are key features of this property?
    This property features: $26,000,000 asking price.; 74.1-acre land parcel.; Commercial and industrial zoning potential.
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    Realmo Value Estimation

    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.

    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.

    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
    Midway Rd Fort Pierce, FL 34945
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