for sale 225 acres i-95 interchange st. lucie county, … · the property consists of two (2)...

ATLANTIC WESTERN REALTY CORPORATION3500 FAIRLANE FARMS ROAD, SUITE 9, WELLINGTON, FL 33414

561-832-3400www.atlantic-western.com

NOTE: This offering subject to errors, omissions, prior sale or withdrawal without notice. Printed by NML 1-800-327-5770 NML 205319-X

FOR SALE225 ACRES I-95 INTERCHANGEST. LUCIE COUNTY, FLORIDA

Zoning:Both the North and South Parcels of the Property are currently zoned AG-1 which permits agricultural use as well as residential density up to 1 du p/ac. In addition, bothparcels are within the St. Lucie TVC Overlay Zone providing long range land use entitlement for future rezoning that would accommodate more intense mixed use,commercial and high density residential; depending on land size and if located within the Urban Service Boundary (USB). The South Parcel is located within the USB, makingthis portion of the Property eligible for more intense rezoning opportunities available in the TVC Overlay Zone.

The Property is currently being utilized for bonafide agricultural purposes and is offered as-is with no development approvals in place.

Utilities: Municipal water and sewer provided by St. Lucie County are located approximately 2.5 miles east of the Property.

Price: $5,400,000

Contact: Brad Scherer, President George Smigiel, Land Sales [email protected] 561-801-0711 / [email protected]

Property & Offering Description:The Property consists of two (2) contiguous tracts of land, totaling 225.37 acres, strategically located at the northwest corner of Indrio Rd. and Interstate95 in St. Lucie County, Florida. The Property commands of over 3/4 mile of Interstate 95 frontage and is situated immediately west of the I-95southbound off ramp onto Indrio Rd.

The current offering presents the rare opportunity to acquire a strategic commercial and mixed use development tract on an I-95 interchange wellpositioned for future development, together with billboard lease income estimated at $19,500 per annum.

Parcel North Parcel South Parcel Total

Acreage 79.13 146.24 225.37

Parcel ID 1308-233-0025-000-5 1317-211-0005-000-9

Market Assessed Value $21,777* $40,299* $62,076

Est 2016 RET $1,750* $3,238* $4,988* Reflects Ag Classification

Zoning:Both the North and South Parcels of the Property are currently zoned AG-1 which permits agricultural use as well as residential density up to 1 du p/ac. In addition, bothparcels are within the St. Lucie TVC Overlay Zone providing long range land use entitlement for future rezoning that would accommodate more intense mixed use,commercial and high density residential; depending on land size and if located within the Urban Service Boundary (USB). The South Parcel is located within the USB, makingthis portion of the Property eligible for more intense rezoning opportunities available in the TVC Overlay Zone.