4105 N Kings Hwy
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4105 N Kings Hwy
39.06 Acres of Commercial Land Offered at $3,995,000 in Fort Pierce, FL 34951
Investment Highlights
- When the final widening of Kings Hwy is complete water/sewer will be available to this property or buyer can extend water/sewer from Indrio/Kings
- Currently zoned AG-1 with Land Use of Mixed Use Airport which encourages zoning of Industrial or Commercial
Executive Summary
39 Acres on booming Kings Highway. Approximately 1 mile South of Indrio Rd. on the West side. When the final widening of Kings Hwy is complete....water/sewer will be available to this property. Or buyer can extend water/sewer from Indrio/Kings. Currently zoned AG-1 with Land Use of Mixed Use Airport which encourages zoning of Industrial or Commercial. (see attached zoning letter). Only 4 miles to I-95/Indrio Rd. Interchange to North. Or 4 miles to I-95/Orange Ave Interchange to South. Survey and Phase I environmental report under documents tab
Update on Phase I widening to 4 lanes of Kings Highway:
Kings Highway Widening Project, from South of State Road 70 to North of the I-95 Overpass
The improvements on this 3.417-mile project include: reconstructing the existing two-lane undivided Kings Highway with a newly constructed four-lane divided roadway, relocating Canal No. 40 and Canal No. 32E to accommodate widening to the west, realigning Kings Highway at the intersection with Okeechobee Road which will improve the existing connection with the Turnpike, replacing existing culverts/swales and installing a closed drainage system and retention ponds, installing a new highway lighting system, and upgrading signalization with vehicle detection devices and ITS cameras.
Cost/Completion: $45.2 million. Completion is expected in late summer of 2023
Update on Phase I widening to 4 lanes of Kings Highway:
Kings Highway Widening Project, from South of State Road 70 to North of the I-95 Overpass
The improvements on this 3.417-mile project include: reconstructing the existing two-lane undivided Kings Highway with a newly constructed four-lane divided roadway, relocating Canal No. 40 and Canal No. 32E to accommodate widening to the west, realigning Kings Highway at the intersection with Okeechobee Road which will improve the existing connection with the Turnpike, replacing existing culverts/swales and installing a closed drainage system and retention ponds, installing a new highway lighting system, and upgrading signalization with vehicle detection devices and ITS cameras.
Cost/Completion: $45.2 million. Completion is expected in late summer of 2023
Property Facts Under Contract
1 Lot Available
Lot
| Price | $3,995,000 | Lot Size | 39.06 AC |
| Price Per AC | $102,279 |
| Price | $3,995,000 |
| Price Per AC | $102,279 |
| Lot Size | 39.06 AC |
39 Acres on booming Kings Highway. Approximately 1 mile South of Indrio Rd. on the West side. When the final widening of Kings Hwy is complete....water/sewer will be available to this property. Or buyer can extend water/sewer from Indrio/Kings.
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PROPERTY TAXES
| Parcel Number | 13-23-141-0001-0006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $10,742 |
PROPERTY TAXES
Parcel Number
13-23-141-0001-0006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$10,742
zoning
| Zoning Code | AG-1 (Agricultural) |
| AG-1 (Agricultural) |
Contacts
-
Vincent Rossignol -
Linda Gonzalez -
Hoyt Murphy -
Thomas Rouse -
Coldwell Banker Commercial Paradise
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4105 N Kings Hwy
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