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    Okeechobee Rd & Hartman Rd Fort Pierce, FL 34947

    For Sale
    $3,900,000

    Fort Pierce commercial land, ideal location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 14.17-acre commercial land parcel is strategically located at the intersection of Okeechobee Road and Hartman Road in Fort Pierce, Florida, zip code 34947. Currently zoned GC (General Commercial), the property previously held R-4 zoning, allowing for medium-density residential development (6.5 to 12 units per acre). The zoning change accommodated a proposed apartment project. The asking price is $3,900,000. Significantly, Indian River State College has recently acquired adjacent properties to the west and north, presenting compelling opportunities for future development and zoning adjustments. This prime location benefits from substantial growth in the surrounding area, encompassing residential, commercial, and industrial/distribution sectors. The proximity to the expanding Indian River State College campus enhances the property's long-term value and potential for diverse uses. The future land use designation is RM (Medium Density Residential), offering flexibility for various development scenarios. This presents a unique investment opportunity for developers seeking a strategically located parcel with significant growth potential in a thriving Florida community. The property's location offers excellent visibility and accessibility, making it an attractive proposition for a wide range of commercial ventures.

    Property Features for 0 Okeechobee Rd & Hartman Rd

    General Information

    Property type
    Land
    Lot Size
    617,245 SF

    HighLights

    • 14.17‑acre commercial land parcel in Fort Pierce, FL (34947), at Okeechobee Rd & Hartman Rd.
    • Currently zoned GC (General Commercial), previously R‑4 (allowing 6.5‑12 units/acre).
    • Asking price: $3,900,000.
    • Adjacent to recently expanded Indian River State College campus.
    • Future Land Use: RM (Medium Density Residential).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.3666238
    Latitude
    27.4265605

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    FAQs

    What type of property is this?
    Land - Fort Pierce commercial land, ideal location.
    Where is this land located?
    The property is located at Okeechobee Rd & Hartman Rd Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: 14.17-acre commercial land parcel in Fort Pierce, FL (34947), at Okeechobee Rd & Hartman Rd.; Currently zoned GC (General Commercial), previously R-4 (allowing 6.5-12 units/acre).; Asking price: $3,900,000.
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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
    Okeechobee Rd & Hartman Rd Fort Pierce, FL 34947
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