382 Midway RdFort Pierce, FL 34982

Property Details for 382 Midway Rd

Year built

1945

Construction

WOOD

Lot size

1.54 AC

Property size (Sq ft)

1,464 SF

Zone code

COMM GENRA

Property type

Office buildings

APN

3403-502-0046-010-4

APU

340350200460104

Description

This exceptional 1.54-acre commercial property is ideally situated on busy Midway Road in Fort Pierce, Florida, just blocks from US1. The property boasts Commercial General zoning, offering a wide array of development possibilities. Currently, two structures exist on the site. The front building, a 3/2 house, could potentially be renovated for office space or repurposed. The rear structure, a mobile home, is beyond repair and should be considered for demolition. The land is partially wooded, providing a blend of developed and natural areas. This location offers convenient access to I-95 (10 minutes) and downtown Fort Pierce (12 minutes). The asking price is $430,000. The property's zoning allows for a diverse range of commercial uses, including but not limited to retail, office, medical, and various service businesses. Detailed zoning information is available upon request. This presents a unique opportunity for investors and developers seeking a prime location with significant potential. The parcel ID is 3403-502-0046-010-4. Further information and detailed zoning regulations can be obtained from St. Lucie County.

• CAP approach

  CAP return

  Valuation

  6%

  $570,042

  6.5%

  $526,192

  7%

  $488,607

• Comparable approach

  Method

  Valuation

  Relative Method

  $373,188

  Geo Method

  $373,188

• Alternative Use

  Use

  Valuation

  Residential

  $652,478

  Hospitality

  $597,667

  Educational

  $497,252

  Medical

  $514,353

  Retail

  $773,502

Location Insight

City

Fort Pierce

County

St. Lucie

State

Florida

Latitude

27.375

Longitude

-80.3231

CBSA code

38940

CBSA name

PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].