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5019 US Highway 1 - Lake Tozour

14 Acres of Commercial Land Offered at £2,347,350 in Fort Pierce, FL 34982

Investment Highlights

  • Heavy traffic
  • Great Re Development site
  • Convenient between Vero & Fort Pierce

Executive Summary

This property consists of 4 parcels for a total of +/- 14 acres. 4 single family homes, US #1 frontage, lake and is adjacent to Indrio Savannah PreserveCommercial Gateway to +/-14 acres, 4 parcels of priceless land on Lake Tozour adorned with 4 Single family homes. The Commercial parcel has billboard income. Use your imagination when developing the properties. Commercial general and AR1 zoning opens this opportunity to a wide variety of uses. Close to the St Lucie International Airport, Fort Pierce Inlet, Indian River County, Harbour Branch Institute and the beaches. Adjacent to the Indrio Savannah Preserve, tranquility surrounds this property. The owner is willing to lease back the main house property while you design your one of a kind development.
Information is deemed to be reliable, but is not guaranteed.

Property Facts

Price £2,347,350
Sale Type Investment
Sale Conditions
Sale & Leaseback
  • Portfolio Sale
  • Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units - Condo
  • Apartment Units - Senior
  • Planned Unit Development
  • Agricultural
Total Lot Size 14.00 AC

1 Lot Available

Lot

Price £2,347,350
Price Per AC £167,668
Lot Size 14.00 AC

Commercial Gateway to +/-14 acres, 4 parcels of priceless land on Lake Tozour adorned with 4 Single family homes. The Commercial parcel has billboard income. Commercial general and AR1 zoning.

Description

Commercial Gateway to +/-14 acres, 4 parcels of priceless land on Lake Tozour adorned with 4 Single family homes. The Commercial parcel has billboard income. Use your imagination when developing the properties. Commercial general and AR1 zoning opens this opportunity to a wide variety of uses. Close to the Treasure Coast International Airport, Indian River County, Harbour Branch Institute and the beaches. Adjacent to the Indrio Savannah Preserve, tranquility surrounds this property. The owner is willing to lease back the main house property or one of the rental properties while you design your one of a kind development.

zoning

Zoning Code Commerical General & AR1 (Multiple zonings on this property. US 1 frontage is General Commercial, Tozour frontage is commercial. Southside is Residential AG.)
Commerical General & AR1 (Multiple zonings on this property. US 1 frontage is General Commercial, Tozour frontage is commercial. Southside is Residential AG.)
  • Listing ID: 29147402

  • Date on Market: 31/07/2023

  • Last Updated:

  • Address: 5019 US Highway 1, Fort Pierce, FL 34982

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