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    OFF-MARKET
    Commercial real estate

    2995 Sneed Rd, Fort Pierce, FL 34945

    304 ac lot
    Entity Owned 3-yr Hold
    Property ID
    US18-4560676
    Property summary
    AI-generated overview

    Exceptional 304-acre development opportunity in St. Lucie County, Florida, located at 2995 Sneed Rd, Fort Pierce, FL 34945. This expansive property boasts nearly 3,000 feet of paved road frontage and offers significant potential for various uses, including agricultural pursuits, an equestrian community, or a luxury ranchette-style subdivision. The land is zoned AG-5 and features 99.8% usable acreage. Two permitted 8-inch wells provide 250 gallons per minute (GPM), and a permitted 18-inch, 50HP pump offers 6,000 GPM from the C-24 canal, making it ideal for farming or other water-intensive operations. The property's strategic location, less than 10 miles from Interstate 95 and in close proximity to Port St. Lucie, Fort Pierce, and West Palm Beach, enhances its appeal and accessibility. Future land use is designated as 1 dwelling unit per 5 acres. Owner financing is available with a 50% down payment and a 5% interest rate. This presents a rare chance to acquire a substantial parcel of land with significant development potential in a desirable Florida location. The property's abundant water resources and convenient access to major transportation routes make it a highly attractive investment.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 304 ac (13,242,240 SF)
    UPID US18-4560676
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    S 3 R Fl LLC · 3 yrs held
    S 3 R Fl LLC
    since 2023
    2 recorded transactions
    2023
    $3.6M
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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