0 Watercress Way Stuart, FL 34994
This exceptional 2.42-acre development opportunity is situated on S. Kanner Highway and SW Watercress Way in Stuart, Florida, within Martin County (zip code 34994). The property boasts a substantial 105,000 square feet and is zoned WRC, allowing for flexible development options. Its prime location offers unparalleled visibility and accessibility along a major thoroughfare. The site's proximity to a recently opened Costco, less than a mile away, ensures high traffic and convenient access to major retail destinations. Furthermore, its location near local attractions, shopping centers, and the St. Lucie River enhances its appeal and potential for a variety of development projects, including retail, multifamily, and mixed-use options. The property's APN is 70-43-44-30-01-015-0010. This presents a rare chance to create a significant development in a highly desirable and easily accessible area of Stuart. The site's strategic positioning and flexible zoning make it an attractive investment for developers seeking to capitalize on the growth and potential of this thriving Florida community. The coordinates are 27.1666581 latitude and -80.2504305 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.