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5501 W Midway

4.94 Acres of Commercial Land Offered at $5,527,938 CAD in Fort Pierce, FL 34981

Investment Highlights

  • Midway is a rapidly growing main corridor connecting I-95 & US 1
  • Surrounded by roads on 4 sides
  • Amazon has built a 1 million sf distribution facility at Midway and I-95 only 1.3 miles west of this site

Executive Summary

Prime 5 acre Commercial site on Midway Rd. Surrounded by roads on 4 sides. Midway is a rapidly growing main corridor connecting I-95 & US 1. Amazon has built a 1 million sf distribution facility at Midway and I-95 only 1.3 miles west of this site. The nation's largest Wavegarden Surf Park is to be located at the NW quadrant of Midway and I-95. (200 acres to include 800 homes, 600 hotel rooms and 400,000 sq ft retail space). New Turnpike interchange is in planning stages immediately west of the site. Traffic lights are possibly coming to each end of this property see attached sketch in documents tab. Also coming to Midway Rd.- Wylder a 1,970-acre 4,000 home community in the SW quadrant of I-95 and Midway Rd. Click on ''more'' line to see additional information.
A new build to rent community (Ravinia) of 148 single family homes is under construction 1.4 miles East of this site and much more.
The intersection of Midway Rd and Milner Drive(Jenkins Rd on North side of Midway)will be a major intersection. Jenkins Rd is to be extended(approximately 7 miles) connecting Port St Lucie to St Lucie International Airport. Much of this roadway is in place and/or right of way already acquired.
This area of Midway Rd. has one of the highest traffic counts on the corridor at 24,000 Average Daily Traffic Count. See details in documents link.

Property Facts

Price $5,527,938 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Office
  • Distribution
  • Industrial Park
  • Self Storage
  • Warehouse
Total Lot Size 4.94 AC

1 Lot Available

Lot

Price $5,527,938 CAD
Price Per AC $1,119,018 CAD
Lot Size 4.94 AC

Prime 5 acre Commercial site on Midway Rd. Surrounded by roads on 4 sides. Midway is a rapidly growing main corridor connecting I-95 & US 1. Amazon has built a 1 million sf distribution facility at Midway and I-95 only 1.3 miles west of this site.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 33-01-701-0007-0004
  • 33-01-701-0008-0001
  • 33-01-701-0009-0008
Land Assessment
$822,387 CAD
Improvements Assessment
$0 CAD
Total Assessment
$822,387 CAD

zoning

Zoning Code CG (Commercial)
CG (Commercial)
  • Listing ID: 29228510

  • Date on Market: 2023-08-09

  • Last Updated:

  • Address: 5501 W Midway, Fort Pierce, FL 34981

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