0 Jenkins Rd Fort Pierce, FL 34981
This exceptional 39.29-acre commercial land parcel, located on S Jenkins Rd in Fort Pierce, FL 34981, presents a unique investment opportunity. The property boasts approximately 23 acres of upland, currently zoned RM-5 & RS-2, with existing land use designations allowing for roughly 150 residential units. However, annexation into the City of Fort Pierce is possible, potentially increasing density significantly. Utilities are readily available through FPUA. A significant natural amenity is the presence of Ten Mile Creek, encompassing approximately 16+ acres of creek bed, ideal for incorporating nature trails and enhancing the development's appeal. The future land use is designated as RU Residential Urban 5-UPA. This prime location offers developers a chance to create a thriving residential community, leveraging both the existing zoning and the potential for increased density through annexation. The property's size and natural features make it an attractive prospect for a variety of residential development projects. Contact us for pricing and further details.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.