Mixed-Use Property For
For Sale
Contact for pricing
Pending
13 SW Osceola St. Stuart FL, Stuart, FL 34994
Mixed-use property with retail and commercial potential for sale.
Property Size15,082 SF
Days on Market1417
Property Features for 13 SW Osceola St. Stuart FL
General Information
Standard status
Pending
Size
15,082 SF
Property subtype
Retail, Mixed Use
Zoning
UC - Urban Center
Net Operating Income
$339,122
Building Details
Year Built
1925
Listing Agency:
Jeremiah Baron & Co. Commercial Real Estate LLC
(561) 277-6613
Listed By:
Jeremiah Baron · License #FL
Source:
Crexi
Added: Oct 14, 2022
Changed: Aug 27
Last Checked: Aug 28 at 4:11PM
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. Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
This mixed-use property, suitable for both retail and other commercial purposes, is available for sale. The property encompasses a total area of 15,082 square feet.
Key Highlights
- Historic Charm: Built in 1925, offering unique character and architectural details.
- Established Neighborhood: Located in an area with a rich history and mature surroundings.
- Solid Construction: Benefit from the enduring quality of homes built in the early 20th century.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$277,353
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,547,060
$5.5M
Cap Rate 7%
$3,962,186
$4.0M
Cap Rate 9%
$3,081,700
$3.1M
Market Conditions
NOI Build-Up for 15,082 SF
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.
Gross rent
$407.2K $27.00/SF
− Vacancy
−$11.0K −$0.73/SF
EGI
$396.2K $26.27/SF
− OpEx
−$118.9K −$7.88/SF
NOI
$277.4K $18.39/SF
Area
Martin County, FL
Vacancy
2.70%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,547,060
Cap Rate 7%
$3,962,186
Cap Rate 9%
$3,081,700
Alternative Uses
Best Use
Retail
$3.96M
$3.47M – $4.62M
NOI $277,353 @ 7.0% cap · market cap 4.44%
Second Best
Mixed Use
$2.91M
$2.55M – $3.39M
NOI $203,607 @ 7.0% cap · market cap 3.26%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,792
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 77%
Shops & Services 21%
Beauty & Spa 3%
Taco Shack
Dining
10,620 visits/mo
0.3 miles
Kilwin's
Dining
2,693 visits/mo
0.1 miles
Take 5 Oil Change
Shops & Services
2,093 visits/mo
0.3 miles
Stuart Branch And ATM
Shops & Services
1,458 visits/mo
0.4 miles
Drybar
Beauty & Spa
443 visits/mo
0.1 miles
Demographics for 34994, FL
17,843
Population
10,086
Households
1.8
Avg Household Size
51
Median Age
36%
College-Educated
92%
High-School Grad
6.7 sq mi
ZIP Area
2,663
Density / Sq Mi
$62,895
Median Household Income
$33,547
Median Earnings
$1,558
Median Rent
$248,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with retail and commercial potential for sale.
Where is this mixed-use property located?
The property is located at 13 SW Osceola St. Stuart FL Stuart, FL.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Historic Charm: Built in 1925, offering unique character and architectural details.; Established Neighborhood: Located in an area with a rich history and mature surroundings.; Solid Construction: Benefit from the enduring quality of homes built in the early 20th century.
