Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1521 NE Cardinal Avenue Stuart, FL 34994

    View on Map
    Claim this Listing
    Picture of Commercial land at 1521 NE Cardinal Avenue, Stuart, FL
    For Sale
    $194,900

    COMMERCIAL - Stuart, FL

    Lot size:
    0.80 Acres
    Added:
    Nov 5, 2023
    Days on Market:
    895
    Last Refresh:
    Apr 17 at 10:06 pm

    Property Features for 1521 NE Cardinal Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Vegetation
    Grassed
    Standard status
    Active
    APN
    283741013000000400
    Lot size
    0.80 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Description
    LOT 4 NEW AVONLEA PUD ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 17 PAGE 35 PUBLIC RECORDS MARTIN COUNTY FLORIDA
    Tax Annual Amount
    1657

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Linda Austin Pond

    Listing agent Linda Austin Pond License #3025801

    Listing office Real Estate of Florida 2391 SE Ocean Blvd, Stuart, FL

    Listing date Nov 5, 2023

    MLS# F10408273 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Stuart, FL

    This vacant commercial lot, Avonlea Lot #4, presents an opportunity for development. The property is suitable for constructing a warehouse or an office with living quarters. The lot has dimensions of 43.41 feet on the west side of Cardinal Avenue, 114.50 feet on the south side, 42.50 feet on the east side, and 123.32 feet on the north side. The lot size is 0.8 acres. It is located in Stuart, Florida, and offers a central location for business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.248303
    Latitude
    27.222927

    Nearby Similar for Sale

    • $12,000,000
      6,400 SF

      Stuart Retail Investment Opportunity

      Prime retail space in a high-visibility Stuart, Florida location.
      250 SW Monterey Road, Stuart, FL 34994
      View Details
    • $12,999,000
      6,400 SF

      Stuart Marina, Office/Retail Opportunity

      Prime retail space in Stuart, Florida, operating as boat sales.
      250 SW Monterey Road, Stuart, FL 34994
      View Details
    • $950,000

      Stuart Commercial/Industrial Opportunity For Sale

      Versatile 6,900 sq ft property in central Stuart location.
      3173 SE Railroad Avenue, Stuart, FL 34997
      View Details
    • $550,000

      Plant Nursery Land For Sale

      2.35 acres zoned A1-A Agricultural, operating as plant nursery.
      1005 SE Ponderosa Road, Stuart, FL 34997
      View Details
    • $550,000

      Plant Nursery Land For Sale

      4.65 acres operating as plant nursery in Stuart, Florida.
      1025 SE Ponderosa Road, Stuart, FL 34997
      View Details
    • $1,750,000

      Renovated Multi-Use Commercial Property

      Renovated multi-use building with flexible layout for various uses.
      416 SE Flamingo Avenue, Stuart, FL 34996
      View Details
    • $1,690,000
      1,500 SF

      Waterfront Property on Dixie Highway

      Waterfront property with high traffic exposure near downtown Stuart.
      4575 SE Dixie Highway, Stuart, FL 34997
      View Details
    • $1,690,000
      1,500 SF

      Waterfront Property in Stuart, Florida

      Waterfront property near downtown Stuart with redevelopment potential.
      4575 SE Dixie Highway, Stuart, FL 34997
      View Details
    • $725,000

      Waterfront Vacant Lot in Stuart

      Prime waterfront lot with direct water access in Stuart, Florida.
      4575 SE Manatee Lane, Stuart, FL 34997
      View Details
    • $725,000

      Waterfront Lot in Port Salerno

      Prime waterfront vacant lot with direct water access.
      4575 SE Manatee Lane, Stuart, FL 34997
      View Details
    • $1,750,000

      Renovated Multi-Use Commercial Property

      Renovated multi-use commercial property in Stuart, Florida, with flexible layout.
      416 SE Flamingo Avenue, Stuart, FL 34996
      View Details
    • $599,900

      Office Condo in Willoughby Center

      Centrally located office condo with rental income potential.
      2682 SE Willoughby Boulevard, Stuart, FL 34994
      View Details

    FAQs

    What type of property is this?
    Commercial land - Vacant commercial lot, ideal for warehouse or office development.
    Where is this commercial land located?
    The property is located at 1521 NE Cardinal Avenue Stuart, FL.
    What is the asking price?
    The asking price for this property is $194,900.
    What are key features of this property?
    This property features: Great central location for business.; Opportunity to build a warehouse, office with living quarters, etc.; Survey in attachments.
    (772) 528-1556
    We can help!
    Listing Contact
    Linda Austin Pond
    Real Estate License ID: 3025801
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!