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3605 Gordy Rd Fort Pierce, FL 34945

Land Google Maps
1,272 SF 126.29 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US18-4427331

Property summary

AI-generated overview

This exceptional 126.29-acre development site in Fort Pierce, Florida, presents a unique investment opportunity. Located in St. Lucie County, at 3605 Gordy Rd, zip code 34945, this property boasts a prime location, just one mile from the Turnpike and less than two miles from I-95, yet maintains a secluded feel. The land is mostly cleared and high and dry, featuring three lakes and lovely old oak trees. Zoned AG1 with a future land use designation of RS (two units per acre), it offers significant potential for residential development. Two existing homes, each with a guest cottage, provide immediate income potential or accommodation during the development process. The property enjoys over a mile of frontage on the 855-acre 10 Mile Creek Reservoir and approximately 1,600 feet on the 10 Mile Creek Preserve. Nearby amenities include a 27-hole disc golf course, hiking trails, picnic pavilions, kayak/canoe launch, mountain biking trails, and the George La Strange Interpretive Trail. The property is also conveniently located less than a mile from the upcoming Willow Lakes Wave Park and approximately 1.5 hours from both Miami and Orlando International Airports. An aerial video is available for viewing. The asking price is $11,250,000. This is a rare opportunity to acquire a substantial tract of land with exceptional development potential in a desirable location.

Property profile

Verified
Property type Land
Total area 1,272 SF
Lot 126.29 ac (5,501,192 SF)
UPID US18-4427331

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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