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    Well-Maintained Flex Space Warehouse Title is generated by Realmo AI

    3231 SE Slater St, Stuart, FL

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    Multi-tenant warehouse with concrete roof and multiple roll-ups.

    Type:INDUSTRIAL
    Property size:
    8,012 SF
    Lot size:
    0.51 Acres
    Price / SF:
    $218/SF
    Added:
    Jun 24, 2025
    Days on Market:
    354
    Last Refresh:
    May 19 at 10:15 pm

    Property Features for 3231 SE Slater St

    General Information

    Standard status
    Active
    Size
    8,012 SF
    Lot size
    0.51 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Stephen Wood
    Stephen Wood

    Listing agent Stephen Wood License #SL3532991

    Listing office SLC Commercial Realty & Development

    Listing date Jun 24, 2025

    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 SLC Commercial Realty & Development

    HighLights

    • Multi‑tenant or single‑owner user capability
    • Multiple roll‑up doors for easy access
    • 3‑Phase Power, ideal for various operations
    • Seller financing options offered
    • Concrete T roof
    • Phase 1 Environmental Report from 2022 Available

    Overview

    This well-maintained property features concrete T roof and multiple roll-up doors. It is suitable for multi-tenant use or a single owner-user. The property has 3-phase power. A Phase 1 Environmental Report from 2022 is available. Seller financing options are offered. The building has a total area of 8012 square feet and can be used as a warehouse, industrial property, or flex space.

    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 $161.5k $20.16
    − Vacancy −$9.0k −$1.13
    EGI $152.5k $19.03
    − OpEx −$22.9k −$2.85
    NOI $129.6k $16.18
    8,012 SF · lease $20.16/SF/yr · vacancy 5.60% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.85M
    $1.62M – $2.16M (±1% cap)
    NOI $129,605 @ 7.0% cap · market cap 7.41%
    Second Best
    Industrial
    $1.52M
    $1.33M – $1.78M (±1% cap)
    NOI $106,734 @ 7.0% cap · market cap 6.10%
    Theoretical Best
    Retail
    $2.10M
    $1.84M – $2.46M (±1% cap)
    NOI $147,338 @ 7.0% cap · market cap 8.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grasso's Garage LLC Auto Repair Shop

    Suggested Use

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

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

    Similar Places Nearby

    • Discount Mini Storage of Stuart, FL — 2601 SE Miami Ave, Stuart, FL 34997
    • DP Moving & Storage — 2614 SE Market Pl, Stuart, FL 34997
    • Extra Space Storage — 5051 SE Federal Hwy, Stuart, FL 34997
    • Stor-A-Way Mini Storage — 5094 SE Federal Hwy, Stuart, FL 34997
    • Extra Space Storage — 2990 SE Gran Park Way, Stuart, FL 34997

    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.2107
    Latitude
    27.1511

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    FAQs

    What type of property is this?
    Warehouse - Multi-tenant warehouse with concrete roof and multiple roll-ups.
    Where is this warehouse located?
    The property is located at 3231 SE Slater St Stuart, FL.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Multi‑tenant or single‑owner user capability; Multiple roll‑up doors for easy access; 3‑Phase Power, ideal for various operations
    (561) 696-4016 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Stephen Wood
    Stephen Wood
    Real Estate License ID: SL3532991
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