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8101 Okeechobee Rd Fort Pierce, FL 34945

OFF-MARKET Mixed-use properties Google Maps
10.3 ac lot Built 1965
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional 10.3-acre development site in Fort Pierce, Florida, presents a prime redevelopment opportunity. Located at 8101 Okeechobee Road, this property boasts convenient access to the Florida Turnpike (within a quarter-mile) and direct frontage on busy FL-70 Okeechobee Road, complete with a dedicated turning lane for easy ingress and egress. Currently zoned AG-1, the land is a well-maintained citrus grove featuring a micro-jet irrigation system. The property includes a charming 4-bedroom, 2-bathroom historical Florida home and a substantial 2,500 square-foot barn, offering existing structures with potential for repurposing or removal. Water and electricity are readily available on-site. Adding to its appeal, the property enjoys waterfront access to 10 Mile Creek. Its strategic location near the Turnpike and FL-70 corridor, surrounded by residential and commercial development, makes it highly desirable for a variety of mixed-use projects, including residential, commercial, and industrial developments. The property's APN is 2323-501-0052-000-5. This is a rare chance to acquire a significant parcel with substantial development potential in a rapidly growing area. The asking price is $1,600,000. The property was built in 1965 and consists of two buildings, each one story.

Property profile

Verified
Property type Mixed-use properties
Year built 1965
Lot 10.3 ac (448,668 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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