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Property Facts

Price $15,787,200 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Retail
  • Multifamily
  • Hold For Development
Total Lot Size 32.00 AC
Zoning R-4 - R-4: Medium Density Residential 6.5 to 12 units per acre

1 Lot Available

Lot

Price $15,787,200 CAD
Price Per AC $493,350.00 CAD
Lot Size 32.00 AC

Description

Zoning: R-4, Medium Density Residential 6.5 to 12 units per acre. The property was historically zoned General Commercial but was rezoned for a planned multifamily development that was never realized. However, Indian River State College's recent acquisition of the adjacent western parcel creates a strong justification for reverting to commercial zoning or exploring alternative, higher-use developments. Future Land Use: Currently RM, Medium Density Residential which was previously Commercial. Comments: Strategically situated between the main Indian River State College campus to the east and collge-owned land to the west, this prime parcel offers exceptional development potential. The site is perfectly positioned to capitalize on the expanding college community and rapid regional growth, making it ideal for residential, commercial, or industrial/distribution uses. Due Diligence Information Available: • Phase I Environmental Study • Survey and Topo • Environmental Assessment • Soil Test • Conceptual Site Plans, etc.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 3860889

  • Date on Market: 2015-01-07

  • Last Updated:

  • Address: Okeechobee Rd & Hartman Rd, Fort Pierce, FL 34947

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