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2390 Federal Hwy Stuart, FL 34994-9312

OFF-MARKET Community centers Google Maps
11,970 SF 1.23 ac lot Built 2006
Entity Owned 4-yr Hold Free & Clear
Estimated value (blended)
$3.19M
Range $2.87M – $3.50M (±10%)
Property ID US18-4549564

Property summary

AI-generated overview

This exceptional 11,985 square foot retail strip center is situated on a 1.23-acre lot at 2390 NW Federal Highway, Stuart, FL 34994, at the intersection of NW Federal Highway & NW Britt Road. The property boasts a highly desirable B-1 zoning classification and features a single building with a total of 11,985 square feet. Currently, there are 3,700 square feet of vacant space available, offering flexible options for prospective tenants. Two spaces are immediately available, ranging in size from 2,100 to 6,300 square feet, presenting a unique opportunity for businesses seeking high visibility and accessibility. The center is strategically located within a thriving retail corridor along the busy Federal Highway, ensuring significant foot traffic and exposure. The property's APN is 293741004002000739. This presents a compelling investment opportunity for businesses seeking a prime location in a bustling retail environment. The property's convenient location and ample space make it an ideal choice for a variety of retail uses. Don't miss this chance to secure a prominent presence in a high-demand area.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2006
Total area 11,970 SF
Lot 1.23 ac (53,753 SF)
APN 29-37-41-004-002-00073-9
UPID US18-4549564

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Mobile Phone Store Electronics & Wireless Store
  • Business To Business Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.94M
CAP Approach CAP
$2.47M
Comparable Approach Comparable
$2.20M
Blend (final) Blend
$3.19M

Owner & transaction history

since 2022
Last sale
$3.5M
7 recorded transactions
2022
$3.5M
2021
Price N/A
2016
$2.4M
2005
Price N/A
2003
$905,000
1998
$375,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $3.2M +83.7%
Commercial (general) $2.9M +67.6%
Medical building $2.9M +63.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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