3250 Federal HwyStuart, FL 34997

Property Details for 3250 Federal Hwy

Year built

2001

Lot size

0.89 AC

Property size (Sq ft)

3,868 SF

Property type

Retail properties

Property subtype

Banks

APN

38-38-41-009-000-00010-0

APU

383841009000000100

Description

This exceptional 3,868 square foot Class A outparcel, built in 2001, is available for lease in Stuart, Florida. Situated on 0.89 acres at the prominent intersection of SE Federal Highway and Indian Street, this single-tenant property boasts high visibility and easy access. The building features 26+ parking spaces and is zoned B-1 (Business), making it suitable for a variety of uses including medical offices, retail, restaurants, or financial institutions. The property is part of a ±240,000 square foot Publix-anchored shopping center, benefiting from strong demographics and surrounding retail and residential areas. Recent developments in the area, including the Harbor Grove Apartments (324 units) and the redeveloped Wedgewood Commons shopping center, further enhance the property's desirability and potential. This one-story building offers a fantastic opportunity for businesses seeking a prime location in a thriving community. Martin County location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,211,967

  6.5%

  $2,041,816

  7%

  $1,895,972

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,484,700

  Geo Method

  $2,484,700

• Alternative Use

  Use

  Valuation

  Residential

  $1,722,348

  Hospitality

  $1,577,662

  Educational

  $1,312,596

  Medical

  $1,357,738

  Retail

  $2,041,816

Location Insight

City

Stuart

County

Martin

State

Florida

Latitude

27.1646

Longitude

-80.2269

CBSA code

38940

CBSA name

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

Property Tax & Assessments

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