382 Midway Rd Rd Fort Pierce, FL 34982
This 1.5-acre commercial property in Fort Pierce, Florida, is listed at $430,000. Located at 382 E Midway Road, it boasts a highly desirable Commercial General zoning, allowing for a variety of uses including office, medical, and other commercial ventures. The property's strategic location offers easy access to US1 and is a short drive (approximately 10 minutes) to I-95 and 12 minutes to downtown Fort Pierce. The site includes two existing structures: a front house with three bedrooms and two bathrooms, which may be suitable for renovation or repurposing as office space, and a rear mobile home that is beyond repair. A portion of the land is wooded. The property fronts busy Midway Road, providing excellent visibility and accessibility. The zoning allows for a wide range of commercial uses, making it an attractive investment opportunity for developers and entrepreneurs seeking a versatile location with significant potential. The property's size and location offer ample space for new construction or redevelopment, catering to a large market area while minimizing negative impacts on the surrounding neighborhood. This is a unique opportunity to acquire a substantial commercial parcel in a growing Florida city.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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