3605 Gordy Rd, Fort Pierce, FL 34945
For Sale
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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.
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
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Property description
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No recorded transactions found for this property.
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Risks
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