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Property profile & analytics

609 Central Pkwy Stuart, FL 34994

  • Commercial real estate
  • 1,000 SF
Value Estimations
$235,000
Cap Rate Potential
5%
Commercial real estate
Location Intelligence
Property ID
US18-0850531
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 609 Central Pkwy

Year built
2002
Property size
1,000 SF
Property type
Commercial real estate
APN
09-38-41-025-001-01150-0
APU
93841025001011500

Description

This exceptional 765-square-foot office space is ideally located in Stuart, Florida, offering a blend of convenience and prestige. Situated off Central Parkway, between US1 and Kanner Highway, this single-story building provides easy access to major thoroughfares. The property features a traditional office layout, perfect for a variety of businesses. The space includes a welcoming reception area, a comfortable break room, and a spacious main office or conference area, easily adaptable to suit individual needs. Large windows throughout flood the interior with natural light, creating an inviting and productive work environment. The unit is part of a multi-tenant building, offering a collaborative atmosphere. Ample parking is available both at the front and rear of the building, ensuring convenient access for clients and employees. This is a fantastic opportunity to establish or expand your business in a highly desirable location. The space is currently available for lease. The building's total square footage is 765 square feet.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $270,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $225,000
    6.5%
    $210,000
    7%
    $195,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $233,000
    Market price range: $131k - $395k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $245,000
    Current use
    RETAIL STORES
    $270,000
    Change: +10% Conversion: Easy
    MEDICAL BUILDING
    $240,000
    Change: -3% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Stuart
County
Martin
State
Florida
Longitude
-80.2448
Latitude
27.1808
CBSA code
38940
CBSA name
PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,707
$0.00
$140,000
$140,000
-
$0.00
$140,000
$140,000
More about this property
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