5501 Midway Rd Port St. Lucie, FL 34983
This exceptional 4.9-acre vacant commercial land parcel, located at 5501 W Midway Road in Port St. Lucie, Florida (zip code 34983), presents a unique investment opportunity. Zoned for commercial use, this property boasts a highly desirable location on Midway Road, a rapidly developing corridor connecting I-95 and US 1. The site is strategically positioned with road access on four sides, ensuring excellent visibility and accessibility. Its proximity to major developments significantly enhances its value. These include a recently constructed 1 million-square-foot Amazon distribution center just 1.3 miles west, and the planned construction of a large-scale Wavegarden Surf Park (including residential, hotel, and retail components) at the intersection of Midway Road and I-95. Further bolstering the property's potential is the planned extension of Jenkins Road, connecting Port St. Lucie to St. Lucie International Airport, and the development of a new 1,970-acre, 4,000-home community (Wylder) nearby. A new "build-to-rent" community is also under construction less than 1.5 miles away. Midway Road in this area experiences a high average daily traffic count of 24,000 vehicles. A new Turnpike interchange is also in the planning stages immediately west of the property. The intersection of Midway Road and Milner Drive (Jenkins Road on the north side) is projected to become a major intersection. The asking price for this exceptional property is $3,900,000. Potential buyers should review the attached documents for additional details and supporting data.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.