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    3450 Us Highway 1 Fort Pierce, FL 34982

    For Sale
    $1,800,000

    3.57 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This 3.57-acre parcel in Fort Pierce, Florida, presents a significant investment opportunity. Located at 3450 S US Hwy 1, the property boasts exceptional visibility and high traffic counts averaging 33,000 vehicles daily on US Highway 1. The land is zoned for both commercial and residential uses, offering considerable flexibility for development. Potential uses include multifamily housing, warehousing, or office spaces. Residential rezoning could allow for up to 18 units per acre, aligning with the area's growing housing demand. The property's location benefits from nearby infill development by established builders, indicating a strong and growing market. The APN is 2427-801-0028-000-8, and the ownership is fee simple. This prime location and versatile zoning make this a compelling investment for developers seeking to capitalize on Fort Pierce's burgeoning real estate market. The asking price is $1,800,000. Serious inquiries are encouraged to explore the full potential of this exceptional property. The property is located in St. Lucie County, Florida, zip code 34982.

    Property Features for 3450 Us Highway 1

    General Information

    Property type
    Land
    Lot Size
    155,509 SF

    HighLights

    • 3.57‑acre commercial land parcel with high visibility on US Highway 1, averaging 33,000 vehicles daily.
    • Versatile zoning allowing for various commercial and residential uses, including multifamily, warehousing, and office space.
    • Potential for high‑density residential rezoning (up to 18 units per acre).
    • Located in a rapidly growing area with active infill development by major builders like Kolter, Lennar, and NVR Homes.
    • Excellent investment opportunity in the burgeoning Fort Pierce real estate market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.3256841
    Latitude
    27.3982006

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    FAQs

    What type of property is this?
    Land - 3.57 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 3450 Us Highway 1 Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 3.57-acre commercial land parcel with high visibility on US Highway 1, averaging 33,000 vehicles daily.; Versatile zoning allowing for various commercial and residential uses, including multifamily, warehousing, and office space.; Potential for high-density residential rezoning (up to 18 units per acre).
    (561) 324-4439
    Request Owner's contact information
    3450 Us Highway 1 Fort Pierce, FL 34982
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    Fort Pierce, FL 34982
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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
    3450 Us Highway 1 Fort Pierce, FL 34982
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