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    Jenkins Rd Fort Pierce, FL 34947

    For Sale
    $3,500,000

    Fort Pierce, FL Residential Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 39.57-acre parcel presents a remarkable investment opportunity in St. Lucie County, Florida. Located in a rapidly expanding development area, this property boasts an RS-2 zoning designation and is ideally situated adjacent to Eagles Bend, a planned community encompassing 1,200 residences, and West Orange PD, with the potential for an additional 800 homes. The area is experiencing significant revitalization, including the redevelopment of Westwood Academy and the planned Jenkins Road Overly District, enhancing accessibility and further fueling growth. The property's strategic location is underscored by the presence of several recently constructed or planned residential communities developed by prominent homebuilders such as DR Horton, Renar Homes, Lennar Corp, and LGI Homes, reflecting the explosive demand for housing in the region. St. Lucie County's thriving manufacturing sector contributes to a current housing shortage, making this land particularly attractive for residential development. The APN is 2406-330-0000-000-6. The asking price is $3,500,000. This property offers unparalleled potential for developers seeking to capitalize on the area's robust growth trajectory and address the significant need for new housing. The address is N Jenkins Rd, Fort Pierce, FL 34947.

    Property Features for 0 Jenkins Rd

    General Information

    Property type
    Land
    Lot Size
    1,723,669 SF

    HighLights

    • 39‑acre residential development land parcel in high‑growth St. Lucie County, Florida.
    • Adjacent to established and planned residential communities totaling over 2,000 homes.
    • Improved access via planned redevelopment projects, including Westwood Academy and the Jenkins Road Overly District.
    • High housing demand fueled by new construction from major homebuilders.
    • Booming local manufacturing economy exacerbates existing employee housing shortages.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.382815162576
    Latitude
    27.45400911428

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    FAQs

    What type of property is this?
    Land - Fort Pierce, FL Residential Land
    Where is this land located?
    The property is located at Jenkins Rd Fort Pierce, FL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 39-acre residential development land parcel in high-growth St. Lucie County, Florida.; Adjacent to established and planned residential communities totaling over 2,000 homes.; Improved access via planned redevelopment projects, including Westwood Academy and the Jenkins Road Overly District.
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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
    Jenkins Rd Fort Pierce, FL 34947
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