7859 Ellipse WayStuart, FL 34997

  • Industrial properties
  • 1,038 SF
For Lease
$21/SF/YR View listing

Property Details for 7859 Ellipse Way

Year built
2004
Property size (Sq ft)
1,038 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
05-39-41-008-001-00120-0
APU
53941008001001200

Description

This exceptional 19,311 square foot flex space condominium, built in 2004, presents a unique investment opportunity in Stuart, Florida. Situated within the Elite Professional Plaza in the Treasure Coast Commerce Center, this single-story building boasts a highly desirable location at the northwest corner of I-95 and Kanner Highway, ensuring easy access and high visibility. The property is zoned LI (Light Industrial) and comprises one building with multiple tenancies. Each unit offers a versatile layout, perfectly suited for a variety of businesses. The space includes a large, fully air-conditioned office area seamlessly integrated with a spacious warehouse component. Convenient features include a rear grade-level overhead door for easy loading and unloading, complemented by a separate pedestrian door. The low-traffic environment of the well-maintained property contributes to a peaceful and productive work atmosphere. This is an ideal location for businesses seeking a blend of office and warehouse space with excellent highway access in a thriving commercial area of Martin County. The property's modern design and strategic location make it an attractive option for both established businesses and new ventures. The multiple tenancy structure offers flexibility for various business needs and potential for future expansion.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $419,652
    Hospitality
    $384,399
    Educational
    $319,816
    Medical
    $330,814
    Retail
    $497,491
7859 Ellipse Way, Stuart, Florida

Location Insight

City
Stuart
County
Martin
State
Florida
Latitude
27.11
Longitude
-80.2639
CBSA code
38940
CBSA name
PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,771
-
$160,890
$160,890
-
-
$160,890
$160,890

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