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Property profile & analytics
OFF-MARKET
Land

0 Okeechobee Rd & Hartman Rd Fort Pierce, FL 34947

14.17 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 14.17 ac (617,245 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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