2390 Federal HwyStuart, FL 34994

Property Details for 2390 Federal Hwy

Year built

2006

Lot size

1.23 AC

Property size (Sq ft)

11,970 SF

Property type

Retail properties

Property subtype

Community centers

APN

29-37-41-004-002-00073-9

APU

293741004002000739

Description

This exceptional 11,985 square foot retail strip center is situated on a 1.23-acre lot at 2390 NW Federal Highway, Stuart, FL 34994, at the intersection of NW Federal Highway & NW Britt Road. The property boasts a highly desirable B-1 zoning classification and features a single building with a total of 11,985 square feet. Currently, there are 3,700 square feet of vacant space available, offering flexible options for prospective tenants. Two spaces are immediately available, ranging in size from 2,100 to 6,300 square feet, presenting a unique opportunity for businesses seeking high visibility and accessibility. The center is strategically located within a thriving retail corridor along the busy Federal Highway, ensuring significant foot traffic and exposure. The property's APN is 293741004002000739. This presents a compelling investment opportunity for businesses seeking a prime location in a bustling retail environment. The property's convenient location and ample space make it an ideal choice for a variety of retail uses. Don't miss this chance to secure a prominent presence in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $6,634,572

  6.5%

  $6,124,220

  7%

  $5,686,776

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,689,207

  Geo Method

  $7,689,207

• Alternative Use

  Use

  Valuation

  Residential

  $5,166,010

  Hospitality

  $4,732,036

  Educational

  $3,936,999

  Medical

  $4,072,398

  Retail

  $6,124,220

Location Insight

City

Stuart

County

Martin

State

Florida

Latitude

27.234

Longitude

-80.2687

CBSA code

38940

CBSA name

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

Property Tax & Assessments

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