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    Mixed-use properties

    8101 Okeechobee Rd, Fort Pierce, FL 34945

    10.3 ac lot Built 1965
    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
    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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