920 SE Dixie Hwy, Stuart, FL
New construction warehouse condos for commercial use, delivery in months.
- Added:
- Sep 20, 2023
- Days on Market:
- 1013
- Last Refresh:
- May 19 at 10:01 pm
Property Features for 920 SE Dixie Hwy
General Information
- Standard status
- Active
- Size
- 1,972 SF
- Lot size
- 0.23 Acres
- Property subtype
- INDUSTRIAL
Listing office Jeremiah Baron & Co. (772) 286-5744
Listing date Sep 20, 2023
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Jeremiah Baron & Co.
HighLights
- New construction warehouse condos suitable for various commercial uses.
- Prominent corner location at SE Dixie Highway and E Florida Street, offering high visibility and accessibility.
- Each unit includes spacious interior, pedestrian access, roll‑up doors, and restroom facilities.
- Opportunity to tailor the space to specific business needs.
- Three units available, providing options for different space requirements.
- Delivery slated in 7‑10 months, offering a relatively quick move‑in timeframe.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.8k | $20.16 |
| − Vacancy | −$2.2k | −$1.13 |
| EGI | $37.5k | $19.03 |
| − OpEx | −$5.6k | −$2.85 |
| NOI | $31.9k | $16.18 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Public Storage — 1401 SE Federal Hwy, Stuart, FL 34994
- CubeSmart Self Storage — 700 SW Federal Hwy, Stuart, FL 34994
- Sergeant Moving & Storage — 1 SE Ocean Blvd, Stuart, FL 34994
Location Insight
- Map
- Local Demand
- City
- Stuart
- County
- Martin
- State
- Florida
- Longitude
- -80.2466
- Latitude
- 27.1908
