534 S 5Th St Fort Pierce, FL 34950
For Sale
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This exceptional 0.48-acre parcel of cleared land presents a remarkable opportunity for development in the thriving city of Fort Pierce, Florida. Located at 534 S 5th Street, this property boasts convenient access to US1, a major thoroughfare offering high visibility and easy connectivity. The address is easily accessible via US1 North, turning left onto Delaware Avenue, and then left again onto 5th Street. The land is completely cleared, eliminating the need for costly site preparation, and is ready for immediate development. Situated in St. Lucie County, Florida, zip code 34950, this property offers a strategic location within a growing community. Its proximity to US1 makes it ideal for a variety of commercial ventures, including retail, light industrial, or potential residential development, subject to local zoning regulations. The coordinates are 27.4420479 latitude and -80.3266854 longitude. This is a rare opportunity to acquire a sizable, cleared lot in a prime location, offering significant potential for return on investment. The asking price for this exceptional property is $365,000. Serious inquiries are encouraged.
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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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.