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Property profile & analytics
OFF-MARKET
Land

5501 Midway Rd Port St. Lucie, FL 34983

4.9 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 4.9 ac (213,444 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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