Property profile

0 Johnston Rd Fort Pierce, FL 34951

OFF-MARKET
Land
36.29 ac lot
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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

Location

Johnston Rd Fort Pierce, FL 34951
Fort Pierce metro
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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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