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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Watercress Way Stuart, FL 34994

105,000 SF 2.42 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 105,000 SF
Lot 2.42 ac (105,415 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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