Flex Space with Industrial
3173 SE Railroad Avenue, Stuart, FL 34997
For Sale
$950,000
CommercialSale, Stuart, FL
Property Size6,900 SF
Lot Size0.31 Acres
Price / SF$137.68
Days on Market339
Property Features for 3173 SE Railroad Avenue
General Information
Property type
Property subtype
Parking
Subdivision
Standard status
APN
Lot size
Additional Details
Real Estate Included
Automotive Uses
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Cooling system
Amenities
high ceilings
loft
200-amp 3-phase electrical service
canopy
Building Details
Year built
Floors in Building
Flooring type
Building materials
Buildings
Listing Agency:
RE/MAX of Stuart - Palm City · RE/MAX International
(772) 220-1116
Listed By:
Keri Burgess · License #3076174
(772) 708-3764
Added: Dec 6, 2025
Changed: Oct 28
Last Checked: Nov 9 at 10:06AM
MLS# M20053296
Copyright © 2026 Martin County REALTORS® of the Treasure Coast, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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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.
This flex space property includes two concrete buildings totaling approximately 6,900 square feet on a 13,500-square-foot lot. The improvements provide high ceilings, concrete flooring, ceiling fans, a loft in one building, and canopies serving both structures. Building 1 contains 2,752 square feet, was built in 1963, and includes a 660-square-foot canopy. Building 2 contains 3,450 square feet, was built in 1982, and includes a 200-square-foot canopy.
The site offers 100 feet of frontage and is positioned directly across from a Florida East Coast Railroad siding. Access to US-1 and other major transportation routes supports connectivity within the Stuart area. A 200-amp, 3-phase electrical service is installed, and the industrial zoning supports warehouse, automotive, fabrication, and storage uses. Parking is limited.
The site offers 100 feet of frontage and is positioned directly across from a Florida East Coast Railroad siding. Access to US-1 and other major transportation routes supports connectivity within the Stuart area. A 200-amp, 3-phase electrical service is installed, and the industrial zoning supports warehouse, automotive, fabrication, and storage uses. Parking is limited.
Key Highlights
- Two concrete buildings total approximately 6,900 sq ft on a 13,500 sq ft lot
- 100 feet of frontage directly across from a Florida East Coast Railroad siding
- 200‑amp, 3‑phase electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,046
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,280,920
$1.3M
Cap Rate 7%
$914,943
$914.9K
Cap Rate 9%
$711,622
$711.6K
Market Conditions
NOI Build-Up for 6,900 SF
Gross rent
$115.9K $16.80/SF
− Vacancy
−$17.4K −$2.52/SF
EGI
$98.5K $14.28/SF
− OpEx
−$34.5K −$5.00/SF
NOI
$64.0K $9.28/SF
Area
Martin County, FL
Vacancy
15.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,280,920
Cap Rate 7%
$914,943
Cap Rate 9%
$711,622
Alternative Uses
Best Use
Retail
$1.81M
$1.59M – $2.11M
NOI $126,889 @ 7.0% cap · market cap 13.36%
Second Best
Warehouse
$1.59M
$1.40M – $1.86M
NOI $111,617 @ 7.0% cap · market cap 11.75%
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,773 @ 7.0% cap · market cap 14.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
932
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34997, FL
44,000
Population
22,192
Households
2
Avg Household Size
52
Median Age
30%
College-Educated
92%
High-School Grad
90.7 sq mi
ZIP Area
485
Density / Sq Mi
$75,705
Median Household Income
$37,381
Median Earnings
$1,520
Median Rent
$335,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Martin County, FL
Properties on Market for Flex space in Martin County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two-building commercial property with high ceilings, adaptable layouts, and three-phase electrical service for varied industrial applications.
Where is this flex space located?
The property is located at 3173 SE Railroad Avenue Stuart, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two concrete buildings total approximately 6,900 sq ft on a 13,500 sq ft lot; 100 feet of frontage directly across from a Florida East Coast Railroad siding; 200‑amp, 3‑phase electrical service
