Prime Industrial Development Opportunity on Kings Highway Corridor
1500 North Kings Highway, Fort Pierce, FL 34947
Marketing description
Prime Industrial Development Opportunity on Kings Highway Corridor! One of the largest undeveloped parcels available on Kings Hwy —offering 78.25 acres with tremendous upside potential. The property features Industrial land use on the front half and Mixed Use on the rear, providing flexibility for future development. FDOT will acquire approximately 5.25 acres for the planned four-lane widening of Kings Hwy, ensuring superior accessibility. In addition, the planned ''Road G'' (Jenkins Rd overlay) is slated to run through the middle of the site, with right-of-way remuneration delivered via impact fee credits to the future developer. The site is mostly cleared and ideal for 1-2 large industrial users or can be subdivided into an industrial park. Click on ''more'' to see additional info.
Smaller industrial tracts of 5- 10 acres are selling for $400,000/acre and smaller shovel ready sites achieving $17 per sq ft. The value add potential here is outstanding. A full survey and other due diligence materials are available(see Documents Tab). This is a rare opportunity to secure a major footprint in one of the Treasure Coast's fastest growing industrial corridors!
Discover the limitless potential of the thriving industrial area surrounding the property on Kings Highway. Fort Pierce, known for its strategic location and business-friendly environment, offers access to major transportation routes and a skilled workforce. Situated near the Port of Fort Pierce and with proximity to major cities, the location provides a gateway for distribution and manufacturing opportunities. The area is also close to the Indian River Lagoon, offering opportunities for outdoor recreation. With a strong focus on industrial and commercial development, this prime location presents a compelling investment opportunity for the savvy industrial investor.
Investment highlights
- Sale price: price not disclosed
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