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    FOR SALE
    Commercial real estate

    3605 Gordy Rd, Fort Pierce, FL 34945

    1,272 SF 126.29 ac lot
    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 Commercial real estate
    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
    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
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    Zoning & alternative use
    Permitted uses
    Permitted uses
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