121 Kings Hwy Fort Pierce, FL 34945-3425
Entity Owned
4-yr Hold
Free & Clear
Estimated value (blended)
$4.46M
Range $4.01M – $4.91M (±10%)
Property ID
US18-0751435
Property summary
AI-generated overview
This exceptional commercial land opportunity presents 0.46 to 2.04 acres of prime real estate located at the highly visible, lighted intersection of Orange Avenue and South Kings Highway in Fort Pierce, Florida. The property, identified as 121 S Kings Hwy, zip code 34945, boasts prominent exposure and visibility to significant traffic flow on both major thoroughfares. This single-tenancy land parcel is available immediately and offers a unique chance for ground lease or purchase. Its strategic location makes it exceptionally suitable for a variety of commercial ventures, including drive-thru restaurants, fast-casual dining establishments, hotels, automotive businesses, and veterinary services. The site's size and high traffic count provide an excellent platform for businesses seeking maximum exposure and accessibility. The property is situated at latitude 27.4475594 and longitude -80.3990884. This is a rare opportunity to secure a highly desirable location in a growing Florida market. Contact us today to learn more about this exceptional investment prospect.
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2022
Total area
6,134 SF
Lot
2 ac (87,120 SF)
Zoning code
PLANNED NO
APN
2311-801-0002-000-4
UPID
US18-0751435
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Electric Vehicle Charging Station
-
Grocery & Convenience Store
-
Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.48M
Blend (final)
Blend
$4.46M
Owner & transaction history
since 2021
Last sale
$4.4M
1 recorded transaction
Zoning & alternative use
PLANNED NO · Fort Pierce, FL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$4.46M
Value range
$4.01M – $4.91M
±10% around blend
Estimated value / SF
$727 / SF
Confidence
None
1 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
10
$4.01M
blend $4.46M
$4.91M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,134 SF
Lot area
2 ac
Year built
2022
Stories
1
APN
2311-801-0002-000-4
Assessed value
$3,645,600
Annual tax
$70,589
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$3.48M
Weighted, 0 comps · none confidence
Evidence
1 found
County-verified recorded sales
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.46M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 22 sales
$614
+18%
County 22 sales
$614
+18%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $727/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 1 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.40M
Move the market yield to see immediate price impact.
Value / SF
$717
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$277k
$5.54M
$3.96M
$3.08M
$308k
$6.16M
$4.40M
$3.42M
$339k
$6.78M
$4.84M
$3.76M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
1 found
None confidence · county-verified
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$70,589
Tax year 2023
Assessed value
$3,645,600
Assessed 2023
Previous assessed
$280,500
+1,199.7% YoY
Effective rate
1.94%
On assessed value
Assessed land
$2,404,500
Assessed improvement
$1,241,100
Land market value
$2,404,500
Improvement market value
$1,241,100
Total market value
$3,645,600
Applied tax rate
2.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2022
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
6,134 SF
Lot
2 ac (87,120 SF)
Zoning code
PLANNED NO
APN
2311-801-0002-000-4
UPID
US18-0751435
Jurisdiction
ST LUCIE
Zoning & alternative use
PLANNED NO · Fort Pierce, FLZoning PLANNED NO · permitted uses
PLANNED NO · Fort Pierce, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2022
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PLANNED NO
Jurisdiction
Fort Pierce, FL
Recorded code
PLANNED NO
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PLANNED NO in Fort Pierce, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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