5031 Federal HwyStuart, FL 34997

Property Details for 5031 Federal Hwy

Year built

1997

Lot size

1.10 AC

Property size (Sq ft)

10,816 SF

Property type

Office properties

Property subtype

Office buildings

APN

52-38-41-000-000-01031-6

APU

523841000000010316

Description

This exceptional Martin County property offers a unique opportunity to lease a combined 4,300 square foot space, ideally suited for a variety of businesses. The space is comprised of a fully furnished 2,800 square foot retail showroom featuring expansive windows, excellent natural light, and a high-end finish. Adjacent to the showroom is a 1,500 square foot warehouse area, perfect for storage or light manufacturing. The warehouse features a convenient 18-foot roll-up door and impressive 25-foot ceilings, providing ample space and maneuverability. The single-story building, constructed in 1997, sits on a 1.1-acre lot with significant frontage of 203 feet, providing excellent visibility. The property benefits from a prominent monument sign and is located in a thriving commercial area with a mix of national and local businesses. The property is zoned for general commercial use (Comm General) and features a single building. The warehouse space is also available for lease separately, offering flexibility for potential tenants. APN: 52-38-41-000-000-01031-6. This is a rare opportunity to secure a well-located, versatile commercial space in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $4,207,501

  6.5%

  $3,883,847

  7%

  $3,606,430

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,757,106

  Geo Method

  $2,757,106

• Alternative Use

  Use

  Valuation

  Residential

  $4,815,970

  Hospitality

  $4,411,403

  Educational

  $3,670,236

  Medical

  $3,796,460

  Retail

  $5,709,256

Location Insight

City

Stuart

County

Martin

State

Florida

Latitude

27.144

Longitude

-80.2125

CBSA code

38940

CBSA name

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

Property Tax & Assessments

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