2480 Jenkins rd - 2480 S Jenkins Road, Fort Pierce FL 34947 4.5 Acres of Commercial Land Offered at $2,493,378 CAD in Fort Pierce, FL 34947

Executive Summary
This offering presents a prime commercial development opportunity located at 2480 S. Jenkins Road, Fort Pierce, FL 34947. The 4.5 +/- acre vacant parcel features a fully approved major final site plan for a four-story, 122-room WoodSpring Suites extended-stay hotel. Unanimously approved by the Fort Pierce City Commission, this shovel-ready project positions investors to capture the rapid commercial and residential growth expanding along the high-traffic Jenkins Road corridor.
Property Overview
• Property Address: 2480 S. Jenkins Road, Fort Pierce, FL 34947
• Parcel ID: 2419-232-0003-000-6, 2419-232-0004-000-3
• Site Area: 4.5 +/- Acres
• Zoning: General Commercial / Approved for Hotel Use
• Approved Project: 4-Story Extended-Stay Hotel
• Key Count: 122 Rooms
• Brand Affiliation: WoodSpring Suites by Choice Hotels
Investment Highlights
• Shovel-Ready Site Plan Approval: The site has achieved full, unanimous major site plan approval from both the Planning Board and City Commission. This eliminates significant entitlement risk and permits an immediate transition into the construction phase.
• First-to-Market Advantage: This development marks the first hotel project ever proposed and approved along the Jenkins Road corridor. It meets a documented surge in localized market demand for corporate and workforce extended-stay options.
• Premium Brand Backing: Operating under the WoodSpring Suites flag leverages Choice Hotels' industry-leading global reservation infrastructure, national marketing power, and proven extended-stay operating model. Rooms will feature smartly designed in-room kitchens and corporate workspaces to maximize long-term occupancy.
Location & Regional Connectivity
The subject property is strategically situated on the east side of Jenkins Road, positioned just a stone’s throw north of Okeechobee Road (State Road 70).
• Highway Access: Immediate connectivity to Interstate 95 via Exit 129, located less than a quarter-mile to the west. This guarantees effortless logistics and regional access for guests travelling along Florida’s Atlantic coast.
• Adjacent Commercial Anchors: The site is located directly adjacent to a high-performing Home Depot retail facility. It is also less than a minute away from regional retailers at the intersection of Okeechobee Road, including a standalone Walgreens Pharmacy and a local Labcorp Patient Center.
• Surrounding Growth Drivers: The property is surrounded by heavy residential expansion, such as the nearby Celebration Pointe community developed by LGI Homes. It sits within short driving distance of major institutional hubs, including the Indian River State College Massey Campus and HCA Florida Lawnwood Hospital.
Market Dynamics
Fort Pierce and the broader St. Lucie County area represent one of the fastest-growing submarkets in Florida. The Jenkins Road corridor is experiencing unparalleled infrastructure investments and retail growth, creating substantial upward pressure on local land values. Developing a leading extended-stay product here captures the robust demand generated by incoming industrial operations, regional medical centers, construction workforces, and coastal logistics expansion.