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W Midway Rd
Fort Pierce, FL 34982
Asking Price
$6.88M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 15 acres <ul><li>±15 Acres Development Opportunity</li><li>Excellent visibility on rapidly developing W Midway Road corridor</li><li>Quick access to US Highway 1</li><li>Ideal for retail, medical, multifamily, mixed-use, or other commercial development</li><li>Ongoing infrastructure improvements enhance connectivity</li><li>Prime location for developers seeking scale and long-term value in the Treasure Coast market</li><li>Proposed FDOT Turnpike/Midway Road Interchange nearby</li><li>19,300 AADT
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NOI
$80,000
Cap Rate
1.16%
DSCR
0.20
Underwater
Cash-on-Cash
-15.91%
Monthly Payment
$34,013.749
Annual Cash Flow
$-328,164.986
