1405 Federal Hwy Stuart, FL 34994
- Investment properties
- 6,157 SF
- 1.47 lot acres
Current Use by Public Records
- Blooming orchids nursery / Garden Center
Property Details for 1405 Federal Hwy
- Year built
- 1977
- Lot size
- 1.47 lot acres
- Property size
- 6,157 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 29-37-41-000-000-00550-9
- APU
- 293741000000005509
Description
This exceptional 1.47-acre parcel presents a prime retail development opportunity at the highly visible southeast corner of US Highway 1 and Baker Road in Stuart, Florida. Zoned General Commercial within Martin County, this property offers 64,033 square feet of potential building space and boasts a coveted hard corner location at a signalized intersection. The site's strategic placement ensures maximum exposure to the substantial daily traffic flow along US Highway 1, a major thoroughfare. Ideal uses include a drug store, gas station/convenience store, restaurant, or a multi-tenant retail development. This long-term ground lease opportunity is further enhanced by the possibility of annexation into the City of Stuart. Annexation simplifies and expedites the site plan approval and permitting processes, providing increased flexibility in development plans. This is one of the few remaining hard corner sites in the area, making it a truly unique and valuable investment prospect. The property's address is 1405 NW Federal Highway, Stuart, FL 34994.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stuart
- County
- Martin
- State
- Florida
- Longitude
- -80.2627
- Latitude
- 27.222
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA
