Office-Configured Flex
1525 NE Cardinal Ave, Stuart, FL 34994
For Sale
Contact for pricing
New construction pairs private offices with warehouse area in a single building.
Property Size2,793 SF
Price / SF$427.86
Days on Market8
Property Features for 1525 NE Cardinal Ave
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Building Details
Buildings
Building Size
Listing Agency:
Cushman & Wakefield - Stuart
Listed By:
James McKinney · License #sl3473053
(772) 349-3414
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 5:26PM
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 Cushman & Wakefield - Stuart
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 1525 NE Cardinal Ave in Stuart, this newly constructed flex property contains approximately 2,793 square feet. Its layout includes four private offices alongside warehouse space, bringing administrative and storage functions together within one building.
Key Highlights
- Approximately 2,793 SF of building area
- Four private offices
- Warehouse space within the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,181
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,620
$903.6K
Cap Rate 7%
$645,443
$645.4K
Cap Rate 9%
$502,011
$502.0K
Market Conditions
NOI Build-Up for 2,793 SF
Gross rent
$56.3K $20.16/SF
− Vacancy
−$3.2K −$1.13/SF
EGI
$53.2K $19.03/SF
− OpEx
−$8.0K −$2.85/SF
NOI
$45.2K $16.18/SF
Area
Martin County, FL
Vacancy
5.60%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,620
Cap Rate 7%
$645,443
Cap Rate 9%
$502,011
Alternative Uses
Best Use
Warehouse
$645.4K
$564.8K – $753.0K
NOI $45,181 @ 7.0% cap · market cap 3.78%
Second Best
Industrial
$531.5K
$465.1K – $620.1K
NOI $37,208 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$802.5K
$702.2K – $936.2K
NOI $56,173 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$248,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Martin County, FL
Properties on Market for Flex space in Martin County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Catering by S&L Events — 160 NE Dixie Hwy, Stuart, FL 34994
Frequently Asked Questions
What type of property is this?
Flex space - New construction pairs private offices with warehouse area in a single building.
Where is this flex space located?
The property is located at 1525 NE Cardinal Ave Stuart, FL.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Approximately 2,793 SF of building area; Four private offices; Warehouse space within the building
