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    Martin Hwy Palm City, FL 34990

    Sponsored
    For Sale
    $1,990,000

    High-traffic corner lot, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.14-acre commercial property in Palm City, Florida, presents a unique investment opportunity. Situated at the highly visible corner of Southwest High Meadow Avenue and Southwest Martin Highway in Martin County, this lot boasts significant traffic counts, ensuring maximum exposure for your business. The property comprises approximately 2 acres of wetlands and 1.23 acres of buildable upland land. The asking price of $1,990,000 applies solely to the buildable uplands. Its strategic location makes it ideally suited for a variety of commercial ventures, including gas stations, fast-food restaurants, quick-service restaurants (QSRs), and coffee shops. The property's zoning and development potential should be independently verified. This prime location offers unparalleled visibility and accessibility, making it an exceptional investment for discerning buyers seeking a high-impact commercial development site in a thriving Florida market. The property is located in the 34990 zip code and has coordinates 27.1613199 latitude and -80.2963837 longitude.

    Property Features for 0 Martin Hwy

    General Information

    Property type
    Land
    Lot Size
    136,778 SF

    HighLights

    • 2 acres of wetlands and 1.23 acres of buildable land.
    • Excellent site for fast food, quick‑service restaurants, or coffee shops.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palm City
    County
    Martin
    State
    Florida
    Longitude
    -80.2963837
    Latitude
    27.1613199

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, development ready.
    Where is this land located?
    The property is located at Martin Hwy Palm City, FL.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: 2 acres of wetlands and 1.23 acres of buildable land.; Excellent site for fast food, quick-service restaurants, or coffee shops.;
    (305) 877-9152
    Request Owner's contact information
    Martin Hwy Palm City, FL 34990
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    Palm City, FL 34990
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Martin Hwy Palm City, FL 34990
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