Property Type:
Assisted Living Facility, Development, Institutional, Land, Medical
Availability:
Sold
Transaction Type:
Sold
Building Size:
115,200 SF
Lot Size:
7.31 AC
Zoning Description:
I-Institutional
Listing ID:
7.31 AC Vacant Land with ALF Development Potential
Land Use:
Vacant Institutional
Frontage:
400'
Property Description
7.31 AC Vacant Land with ALF Development Potential
Jeremiah Baron & Co. are pleased to present an exceptional purchase opportunity consisting of a 7.31 acre vacant land situated on S 25th Street in Fort Pierce, Florida.
The site currently zoned for Institutional uses which would allow for community residential homes*, family day care homes, religious organizations, in addition to select conditional uses.
There are previous proposed site plans consisting of a 115,200 square foot assisted living facility with an adjacent 10,850 sf medical office building.
The property is only about 2 miles away from the Lawnwood Regional Medical Center, and just a few minutes away from US Highway 1. Site is also about 5 miles away from I-95 and Florida’s Turnpike. Surrounding area consists of residential communities, schools, and industrial facilities.
Within a 5 mile radius there is rapid growth taking place ranging from single-family and multifamily developments as well as National and Regional retailers such as Wawa, Chipotle, Take 5 Oil Change, and others.
