550 NW Mercantile Place
550 NW Mercantile Place, Port St. Lucie, FL, 34896
Shovel Ready Boat/RV Opportunity
Unpriced
Price
Pad Ready
Delivery
136,996
Land SF
82
Boat/RV Stalls
3.145
Land Acres
3323-680-0015-000-9
APN Parcel Id
Previous
Next
Unpriced
Price
Pad Ready
Delivery
136,996
Land SF
82
Boat/RV Stalls
3.145
Land Acres
3323-680-0015-000-9
APN Parcel Id
Rare Ready-to-Build Boat/RV Opportunity in Underserved, High-Income Market
This shovel-ready Boat/RV storage site is fully entitled and delivered with complete construction plans—providing an immediate opportunity for development in Port St. Lucie, one of the fastest-growing cities in the U.S. Over 20,000 new homes are planned in master-planned communities within the trade area such as Wylder, Tradition, and Oak Ridge Ranches, driving ongoing population and housing growth. The site is located within a 10-mile radius of over 330,000 residents, with an average household income of $90,467. Nearly 40% of households earn more than $100K annually, reflecting strong disposable income and demand for premium off-site storage. Despite rapid expansion and increasing HOA restrictions, the market currently offers less than 2 SF of Boat/RV storage per capita—creating a rare and compelling opportunity for developers to deliver much-needed supply in this high-demand, affluent area. Bids are available upon serious request.
Convenient, Safe, Accessible Locaiton
Located in West Park Center within the thriving St. Lucie West market, this site offers unmatched convenience, safety, and accessibility. Just minutes from an I-95 interchange, it provides effortless regional connectivity—ideal for Boat/RV users heading out on the road. Situated in one of the country’s premier boating regions, the property is also just minutes from boat launches on the Intracoastal Waterway and navigable St. Lucie River. A central, secure location in a high-demand recreational market makes this a rare opportunity for smart development.
Underserved Market Opportunity
This area offers a strong investment opportunity with fewer than 2 square feet of Boat/RV storage per capita within a 10-mile radius. Despite increasing demand driven by rising HOA restrictions and growing housing density, local competition remains limited—creating a prime environment for new storage development.
Strong Population Growth Forecast
The area is poised for significant population growth, fueled by major nearby residential developments. Wylder, just 1.2 miles away, includes 3,400 homesites and 600 apartments. Tradition, 2.5 miles away, is expanding beyond its current 8,619 homes. Additionally, Oak Ridge Ranches—only 4.5 miles out—is set to bring 8,600 new homes by Kolter. These large-scale projects signal a robust and sustained influx of residents, driving long-term demand for local services and infrastructure.
Strong Recent Growth Metrics
The local market is experiencing rapid growth, with 42,962 residents within 3 miles and 331,784 within a 10-mile radius. Port St. Lucie alone added over 13,000 new residents between 2022 and 2023, earning it the distinction of the 5th fastest-growing city in the U.S., according to the U.S. Census Bureau. These strong growth indicators underscore the area’s rising demand and long-term development potential.
FOR MORE DETAILS CONTACT
Austin Vaccaro
(561) 421-2000
austin@landamericallc.com
Copyright ©
CREOP
, LLC. All Rights Reserved.