Warehouse Condominiums with Roll-Up
New
For Sale
Contact for pricing
924 SE Dixie Hwy, Stuart, FL 34994
New construction offers three separately available warehouse units with access from both road frontages.
Property Size1,961 SF
Price / SF$400
Days on Market5
Property Features for 924 SE Dixie Hwy
General Information
Standard status
Active
Size
1,961 SF
Property subtype
INDUSTRIAL
Additional Details
Road Access
Yes
Listing Agency:
Jeremiah Baron & Co.
(772) 286-5744
Listed By:
Mathew Crady · License #3319900
(772) 260-1655
Source:
Moodyscre
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 16 at 10:41AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Three warehouse condominium units are offered in new construction, with delivery anticipated September 1. Unit areas range from 1,961 SF to 2,080 SF, and each unit includes a 12' × 14' overhead roll-up door.
The property occupies a signalized corner at E Florida Street and SE Dixie Highway, with access from both road frontages.
The property occupies a signalized corner at E Florida Street and SE Dixie Highway, with access from both road frontages.
Key Highlights
- Three warehouse condominium units available
- Unit sizes range from 1,961 SF to 2,080 SF
- New construction with delivery anticipated September 1
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,722
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,440
$634.4K
Cap Rate 7%
$453,171
$453.2K
Cap Rate 9%
$352,467
$352.5K
Market Conditions
NOI Build-Up for 1,961 SF
Gross rent
$39.5K $20.16/SF
− Vacancy
−$2.2K −$1.13/SF
EGI
$37.3K $19.03/SF
− OpEx
−$5.6K −$2.85/SF
NOI
$31.7K $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%
$634,440
Cap Rate 7%
$453,171
Cap Rate 9%
$352,467
Alternative Uses
Best Use
Warehouse
$453.2K
$396.5K – $528.7K
NOI $31,722 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$515.2K
$450.8K – $601.0K
NOI $36,062 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,602
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- CubeSmart Self Storage — 550 SE Harper St, Stuart, FL 34994
- 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
Frequently Asked Questions
What type of property is this?
Warehouse - New construction offers three separately available warehouse units with access from both road frontages.
Where is this warehouse located?
The property is located at 924 SE Dixie Hwy Stuart, FL.
What is the asking price?
The asking price for this property is $784,400.
What are key features of this property?
This property features: Three warehouse condominium units available; Unit sizes range from 1,961 SF to 2,080 SF; New construction with delivery anticipated September 1
