531 Port St Lucie Blvd, Port St. Lucie, FL 34953
This ±0.94-acre commercial corner lot in Port St. Lucie, Florida, presents a rare development opportunity. Located at 531 SW Port St Lucie Blvd, this property boasts high visibility due to its frontage on Port St. Lucie Blvd and Chestnut Lane, a four-way intersection providing full access. The site is zoned for professional use and enjoys an annual average daily traffic count of 50,000 vehicles, ensuring significant exposure. Its strategic location is only 1/3 of a mile from Florida's Turnpike, placing it centrally between the highway, the bustling Gatlin Blvd, and the rapidly expanding Tradition area. The property's proximity to dense residential neighborhoods makes it exceptionally well-suited for a variety of commercial uses, including retail, restaurants, medical facilities, or office buildings. The parcel's APN is 3420-540-1619-000-7. The asking price is $720,000. Note that an adjacent 2.3-acre parcel is also available for expansion. Future land use designations include Residential, Office, and Institutional.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.