This exceptional 56-acre industrial land parcel in Fort Pierce, Florida, presents a remarkable investment opportunity. Located at 2525 Center Rd, 34946, this property boasts a pre-approved site plan for a 400,000 square-foot warehouse or industrial park. All assessments, exceeding $100,000, have been paid. The site is zoned for industrial use, including warehouse distribution and a recycling center, and also offers potential for retail development. Federal grant funding is available for various property types. An existing 1,848 square-foot concrete block structure is on-site. Environmental Phase 1 and 2 assessments are complete, designating the land as brownfield, unlocking substantial tax benefits and business incentives, including employee tax credits. This prime location offers easy access to I-95 and is just half a mile from Treasure Coast International Airport, and near the inlet/port. Twenty acres are zoned for heavy industrial use, with the remaining 36 acres zoned for light industrial use. The area is experiencing significant growth, with nearby developments including the $85 million Kings Landing project, the Willow Lakes Wave Garden surf park resort, Derecktor's mega yacht repair center, a potential Buc-ee's location, and the proposed Eagle Bend PUD. Fort Pierce's pro-business environment and expedited permitting processes further enhance this property's appeal. This is an unparalleled opportunity for significant business development in a rapidly expanding South Florida market. The asking price is $6,500,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$798,032
Hospitality
$730,993
Educational
$608,177
Medical
$629,093
Retail
$946,054
Location Insight
City
Fort Pierce
County
St. Lucie
State
Florida
Latitude
27.4787
Longitude
-80.375
CBSA code
38940
CBSA name
PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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