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    8101 Okeechobee Rd Fort Pierce, FL 34945

    For Sale
    $1,600,000

    10.3 Acres, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 10.3-acre development site in Fort Pierce, Florida, presents a prime redevelopment opportunity. Located at 8101 Okeechobee Road, this property boasts convenient access to the Florida Turnpike (within a quarter-mile) and direct frontage on busy FL-70 Okeechobee Road, complete with a dedicated turning lane for easy ingress and egress. Currently zoned AG-1, the land is a well-maintained citrus grove featuring a micro-jet irrigation system. The property includes a charming 4-bedroom, 2-bathroom historical Florida home and a substantial 2,500 square-foot barn, offering existing structures with potential for repurposing or removal. Water and electricity are readily available on-site. Adding to its appeal, the property enjoys waterfront access to 10 Mile Creek. Its strategic location near the Turnpike and FL-70 corridor, surrounded by residential and commercial development, makes it highly desirable for a variety of mixed-use projects, including residential, commercial, and industrial developments. The property's APN is 2323-501-0052-000-5. This is a rare chance to acquire a significant parcel with substantial development potential in a rapidly growing area. The asking price is $1,600,000. The property was built in 1965 and consists of two buildings, each one story.

    Property Features for 8101 Okeechobee Rd

    General Information

    Property type
    Farms
    Lot Size
    448,668 SF

    Building Details

    Year Built
    1965
    Buildings
    2
    Stories
    1

    HighLights

    • 10.3‑acre development site, 0.25 miles from the Florida Turnpike.
    • Frontage on busy FL‑70 Okeechobee Road with dedicated turn lane.
    • Prime redevelopment opportunity.
    • Suitable for mixed‑use development (residential, commercial, industrial).
    • Includes a 4‑bedroom, 2‑bathroom historical Florida home.
    • Features a 2,500 sq ft barn.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store

    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
    -80.407500027538
    Latitude
    27.411390165549

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    FAQs

    What type of property is this?
    Farm - 10.3 Acres, Mixed-Use Potential
    Where is this farm located?
    The property is located at 8101 Okeechobee Rd Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 10.3-acre development site, 0.25 miles from the Florida Turnpike.; Frontage on busy FL-70 Okeechobee Road with dedicated turn lane.; Prime redevelopment opportunity.
    Request Owner's contact information
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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
    8101 Okeechobee Rd Fort Pierce, FL 34945
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