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Investment Highlights

  • Total of 5 combined parcels.
  • 1.06 acres zoned for multi-family development
  • Great development opportunity!

Executive Summary

Excellent commercial development potential in an Opportunity Zone with little to no competition for retail, eating establishments, office, and more!
Deal consist of five combined parcels totaling about 3 acres.
The 1.06 acre parcel is currently zoned for R-4 which would allow of multi-family development.
One of the lots currently has a 1,542 sf structure that can be dismantled for new development.
Easily accessible from US-1; in close proximity to Fort Pierce’s Downtown District and surrounded by dense residential communities.

Property Facts

Price $1,200,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Fast Food
  • General Freestanding
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Unknown
Total Lot Size 2.96 AC
Zoning C-3 - Commercial

1 Lot Available

Lot

Price $1,200,000
Price Per AC $405,405.41
Lot Size 2.96 AC

Excellent commercial development potential in an area with little to no competition for retail, eating establishments, office, and more! Deal consist of five combined parcels totaling about 3 acres.

Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 24-09-804-0001-0006
  • 24-09-804-0003-0000
  • 24-09-804-0004-0007
  • 24-09-804-0005-0004
Land Assessment
$263,791
Improvements Assessment
$24,078
Total Assessment
$287,869
  • Listing ID: 3907908

  • Date on Market: 8/17/2016

  • Last Updated:

  • Address: 1109-1117 Orange Ave, Fort Pierce, FL 34950

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