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    OFF-MARKET
    Land

    0 Johnston Rd, Fort Pierce, FL 34951

    36.29 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 36.29-acre parcel presents a remarkable investment opportunity in the burgeoning Fort Pierce, Florida market. Zoned AG-1, this high and dry land offers significant potential for residential development, aligning perfectly with the area's rapid growth trajectory. Located in St. Lucie County, the property boasts convenient access to major roadways, including I-95 and the Florida Turnpike, ensuring seamless connectivity. Its proximity to the expanding Treasure Coast International Airport (awaiting commercial flight approval), the proposed Willow Lakes Wavegarden surf park resort, and a potential new Buc-ee's location further enhances its appeal. The site's strategic position near the Meadowood Golf & Tennis Club and the proposed 1713-unit Eagle Bend Planned Unit Development (PUD) underscores the desirability of this location for residential development. The asking price is $2,225,000, translating to $61,312 per acre. The property's APN is 1334-411-0000-000-1. Significant roadway improvements are planned for the area within the next five years, promising further value appreciation. This is a rare chance to acquire a substantial land holding in a thriving Florida community poised for continued expansion. The property's favorable future land use designation allows for a density of two dwelling units per acre, with potential for increases.

    Property profile
    Verified
    Property type Land
    Lot 36.29 ac (1,580,792 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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