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Property profile & analytics
OFF-MARKET
Land

5000 Us Highway 1 Fort Pierce, FL 34946

9.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.8-acre commercial land parcel presents a remarkable development opportunity in a rapidly growing area of St. Lucie County, Florida. Strategically located on US Highway 1, between Vero Beach and Fort Pierce, this high-and-dry property boasts 610 feet of frontage on US-1 and 585 feet on Old Dixie Highway. Its General Commercial zoning allows for a wide range of development possibilities, catering to the needs of a thriving community. The site's advantageous position benefits from proximity to several large residential subdivisions, including Lakewood Park, Holiday Pines (a golf course community), Spanish Lake Fairways, Waterstone, and Spanish Lakes Country Club, ensuring a robust potential customer base. Further enhancing its appeal, a new Lennar community with over 650 homes is currently under construction nearby, promising increased population density and demand. Infrastructure is readily available, with a 12-inch water main and a 16-inch force main located across US-1. This prime location, coupled with its substantial size and convenient access to I-95 via the Indrio Road exit, makes this property an exceptional investment for developers seeking a high-impact project in a flourishing market. The property is the second parcel north of the Indrio Road intersection on the east side of US Highway 1. This is a rare opportunity to acquire a significant tract of land in a prime location with excellent visibility and access.

Property profile
Verified
Property type Land
Lot 9.8 ac (426,888 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
Current use
Occupant on record · Public records
  • Mobil Grocery & Convenience Store
  • Western Union Bank Credit Union
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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