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2651 Federal Hwy Stuart, FL 34994-9317

OFF-MARKET Drug stores Google Maps
14,557 SF 1.44 ac lot Built 2004
Entity Owned ~ Est. High Equity
Estimated value (blended)
$6.52M
Range $5.87M – $7.17M (±10%)
Property ID US18-4672217

Property summary

AI-generated overview

This exceptional 14,557-square-foot retail property in Stuart, Florida, presents a compelling investment opportunity. Situated on a 1.44-acre lot in Martin County, zoned PUD, this single-tenant building enjoys a high-visibility corner location at NW Federal Highway and NW Britt Rd. Its strategic placement within a thriving shopping plaza anchored by major national retailers like City Furniture, Marshalls, and Ross ensures significant foot traffic and brand recognition. The property benefits from its proximity to Treasure Coast Square, the only enclosed super-regional shopping center serving a large multi-county area, and is directly adjacent to Jensen Beach High School, with its substantial student population of over 1,794. This location within the Port St. Lucie Metropolitan Statistical Area provides access to a robust consumer base and is conveniently located approximately 40 miles north of West Palm Beach, a major South Florida economic hub, and its Palm Beach International Airport, which serves over 8 million passengers annually and contributes significantly to the regional economy. The property's excellent visibility and strategic location within a well-established retail corridor make it an ideal investment for discerning buyers seeking a high-return asset in a rapidly growing market.

Property profile

Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2004
Total area 14,557 SF
Lot 1.44 ac (62,726 SF)
APN 20-37-41-007-000-00030-0
UPID US18-4672217

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
  • Bank Credit Union
  • Atm
  • Atm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.84M
CAP Approach CAP
$4.12M
Comparable Approach Comparable
$5.48M
Blend (final) Blend
$6.52M

Owner & transaction history

since 2026
Last sale
$5.0M
4 recorded transactions
2026
$5.0M
2020
Price N/A
2020
$5.0M
2004
$5.4M

Zoning & alternative use

Top alternative use upside
Restaurant $8.1M +106.4%
Apartment house (5+ units) $6.9M +76.6%

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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