700 Central PkwyStuart, FL 34994

Property Details for 700 Central Pkwy

Year built

1991

Lot size

4.99 AC

Property size (Sq ft)

13,312 SF

Property type

Office properties

Property subtype

Other office properties

APN

09-38-41-014-000-00010-7

APU

93841014000000107

Description

This exceptional campus-style office building, situated on a spacious 2.5-acre fenced lot at 700 SE Central Pkwy in Stuart, Florida, presents a unique investment opportunity. Boasting 13,312 square feet of versatile office space, this single-story building offers flexible leasing options. Two suites are available: a 4,000 square foot space and a 9,312 square foot space, or the entire building can be leased. Built in 1991, the property features 75 parking spaces, providing ample convenience for tenants and visitors. Its location on Central Parkway in Martin County ensures excellent visibility and accessibility. The expansive outdoor space adds significant value, making it suitable for a variety of uses. Potential tenants could include corporate headquarters, educational facilities, daycares, religious organizations, or non-profit entities. The property is priced competitively at $13.00 per square foot net. The large lot and flexible floor plan offer significant potential for customization and expansion. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Florida market. The property's size and features make it ideal for a business seeking a prominent presence in Stuart. Contact for additional information and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $4,701,926

  6.5%

  $4,340,240

  7%

  $4,030,223

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,393,362

  Geo Method

  $3,393,362

• Alternative Use

  Use

  Valuation

  Residential

  $5,381,898

  Hospitality

  $4,929,789

  Educational

  $4,101,526

  Medical

  $4,242,584

  Retail

  $6,380,152

Location Insight

City

Stuart

County

Martin

State

Florida

Latitude

27.1779

Longitude

-80.2433

CBSA code

38940

CBSA name

PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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