Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2949 Header Canal Rd Fort Pierce, FL 34945

    • Land
    • 76.35 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2949 Header Canal Rd

    Lot size
    76.35 lot acres
    Property type
    Land

    Description

    Exceptional 76.35-acre land parcel in St. Lucie County, Florida, presents a compelling investment opportunity. Located at 2949 S Header Canal Rd, Fort Pierce, FL 34945 (APN 2226-111-0004-000-9), this property boasts a desirable AG-5 COUNT zoning, permitting one unit per five acres. The land, a former citrus grove, is exceptionally well-drained and shows no wetlands according to the National Wetland Inventory. Offering significant road frontage – 1250 feet on paved Header Canal Road and 2500 feet on Kelly Road – this corner lot is ideally situated on the western boundary of a proposed Agricultural Limited Service Planning Area. The asking price is $2,290,500, translating to $30,000 per acre. This location presents potential for a variety of uses, including a ranchette community, given its size and zoning regulations. The property's strategic location and favorable characteristics make it an attractive investment for those seeking land in a rapidly developing area of Florida. This is a rare opportunity to acquire a substantial acreage with excellent access and development potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.498
    Latitude
    27.4265

    Comparable in this City

    • Value Estimation by Request
      126.29 Acres

      3605 Gordy Rd

      Land • 1,272 SF
      3605 Gordy Rd, Fort Pierce, FL 34945
      View Details
    • Value Estimation by Request
      17.04 Acres

      1 Kings Hwy

      Land • 17.04 Acres
      1 Kings Hwy, Fort Pierce, FL 34945
      View Details
    • Value Estimation by Request
      8.15 Acres

      8170 Okeechobee Rd

      Farms • 8.15 Acres
      8170 Okeechobee Rd, Fort Pierce, FL 34945
      View Details
    • Value Estimation by Request
      6.75 Acres

      & I95 Kings Hwy

      Land • 6.75 Acres
      & I95 Kings Hwy, Fort Pierce, FL 34945
      View Details
    • Value Estimation by Request
      304.56 Acres

      Shermann Rd

      Farms • 304.56 Acres
      0 Shermann Rd, Port St. Lucie, FL 34945
      View Details
    • Value Estimation by Request
      16.00 Acres

      Fl-70

      Land • 16.00 Acres
      0 Fl-70, Port St. Lucie, FL 34945
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      75.00 Acres

      Fort Pierce Development Land

      337 acres, Highway Frontage, Development Potential
      13495 Okeechobee Rd, Fort Pierce, FL 34945
      View Details
    • $7,000,000
      304.56 Acres

      Prime Agricultural Land in Florida

      304 Acres, $7M, A-5 Zoning
      0 Shermann Rd, Port St. Lucie, FL 34945
      View Details
    • $1,975,000
      11.26 Acres

      Fort Pierce Commercial Land Investment

      11.26 Acres, I-95 Frontage, High Growth
      6201 Metal Dr, Fort Pierce, FL 34945
      View Details
    • Contact for pricing
      34.07 Acres

      Kings Hwy Commercial Land

      34 Acres, Prime St. Lucie Location
      1750 Kings Hwy, Fort Pierce, FL 34945
      View Details
    • $1,600,000
      10.30 Acres

      Okeechobee Rd Development Site

      10.3 Acres, Mixed-Use Potential
      8101 Okeechobee Rd, Fort Pierce, FL 34945
      View Details
    • $26,000,000
      74.10 Acres

      Fort Pierce Development Land

      74 Acres, I-95 Access, High Potential
      0 Midway Rd, Fort Pierce, FL 34945
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land for Lease

      Land available for lease in Fort Pierce, Florida.
      S Kings Hwy, Fort Pierce, FL 34945
      View Details
    • Contact for pricing
      88,862 SF

      Prime Fort Pierce Commercial Land

      High-visibility land, ideal for development.
      121 Kings Hwy, Fort Pierce, FL 34945
      View Details
    • $3,500,000

      Fort Pierce Commercial Land Parcel

      3 AC commercial property for rent in Fort Pierce, FL.
      8456 Orange Ave, Fort Pierce, FL 34945
      View Details
    • $1,775 /Mo

      Commercial Space in Developing Area

      1,420 SF commercial space in a rapidly developing area.
      6945 Okeechobee Rd, Fort Pierce, FL 34945
      View Details
    • $12 SF/Yr
      4,204 SF

      Fort Pierce Warehouse For Lease

      Spacious warehouse, ideal location.
      225 Boyd Rd, Fort Pierce, FL 34945
      View Details
    • Contact for pricing
      1,102,950 SF

      Industrial Space Available for Lease

      Industrial space available for lease in Fort Pierce, Florida.
      933 S Rock Rd, Fort Pierce, FL 34945
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2949 Header Canal Rd
    Fort Pierce, FL 34945
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.