920 Federal HwyStuart, FL 34994

Property Details for 920 Federal Hwy

Year built

1975

Lot size

1.14 AC

Property size (Sq ft)

3,368 SF

Property type

Drive through restaurants

APN

04-38-41-000-000-00430-6

APU

43841000000004306

Description

This exceptional free-standing restaurant building, formerly a Burger King, presents a rare opportunity in the heart of Stuart, Florida. Situated on a 1.14-acre parcel at the highly trafficked intersection of US Highway 1 and Kanner Highway, this property boasts unparalleled visibility and accessibility. The 3,368 square foot building features a spacious dining area, a fully functional hood system, grease trap, walk-in cooler, and walk-in freezer – all ready for immediate occupancy by a fast-food or quick-service restaurant. The ample 54-space parking lot ensures convenient customer access, while the extra-large drive-thru lane allows for efficient vehicle flow and stacking. A prominent monument sign provides excellent branding opportunities. The B-2 zoning, within the City of Stuart, is ideal for a high-volume restaurant operation. This location benefits from its proximity to downtown Stuart, recently ranked among the nation's best small coastal towns, guaranteeing a strong customer base. The convenient ingress and egress points to both US-1 and Kanner Highway further enhance its appeal. Don't miss this chance to establish your business in a thriving, high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,748,727

  6.5%

  $1,614,209

  7%

  $1,498,909

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,163,513

  Geo Method

  $2,163,513

• Alternative Use

  Use

  Valuation

  Residential

  $1,361,646

  Hospitality

  $1,247,260

  Educational

  $1,037,706

  Medical

  $1,073,394

  Retail

  $1,614,209

Location Insight

City

Stuart

County

Martin

State

Florida

Latitude

27.19

Longitude

-80.2519

CBSA code

38940

CBSA name

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

Property Tax & Assessments

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