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    Kanner Hwy Stuart, FL 34994

    For Sale
    $1,550,000

    2.42 Acres Waterfront Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 2.42-acre vacant commercial land parcel presents a unique investment opportunity in Stuart, Florida. Ideally situated on S Kanner Highway in Martin County, zip code 34994, this property boasts direct waterfront access to the St. Lucie River, offering stunning views and significant development potential. Currently zoned as Vacant Commercial, it enjoys a future land use designation of Waterfront Resort Commercial District (WRC), opening doors to a wide range of commercial ventures. The location is highly advantageous, positioned directly across from a soon-to-open Costco, ensuring high visibility and convenient access to a major retail anchor. The property's substantial size and prime location make it an attractive prospect for developers seeking to capitalize on the thriving Stuart market. With its strategic positioning and promising zoning, this land parcel is poised for significant appreciation and offers a compelling opportunity for substantial returns. The latitude and longitude coordinates are 27.166069, -80.251169 respectively. The asking price for this exceptional property is $1,550,000. Don't miss this chance to acquire a piece of Stuart's vibrant commercial landscape.

    Property Features for 0 Kanner Hwy

    General Information

    Property type
    Land
    Lot Size
    105,415 SF

    HighLights

    • 2.42‑acre vacant commercial land parcel in Stuart, FL.
    • Located on S Kanner Highway, Martin County, zip code 34994.
    • Direct waterfront access to the St. Lucie River.
    • Currently zoned Vacant Commercial, with a future land use designation of Waterfront Resort Commercial District (WRC).
    • High visibility across from a soon‑to‑open Costco.
    • Asking price: $1,550,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.251169
    Latitude
    27.166069

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    FAQs

    What type of property is this?
    Land - 2.42 Acres Waterfront Commercial Lot
    Where is this land located?
    The property is located at Kanner Hwy Stuart, FL.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: 2.42-acre vacant commercial land parcel in Stuart, FL.; Located on S Kanner Highway, Martin County, zip code 34994.; Direct waterfront access to the St. Lucie River.
    (561) 369-5993
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    Kanner Hwy Stuart, FL 34994
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    Stuart, FL 34994
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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
    Kanner Hwy Stuart, FL 34994
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