2651 Federal Hwy Stuart, FL 34994-9317
- Drug stores
- 14,557 SF
- 1.44 lot acres
Current Use by Public Records
- MoneyGram / Money Transfer Service
- Cardtronics ATM / Atm
- Coinhub Bitcoin ATM Teller / Atm
Property Details for 2651 Federal Hwy
- Year built
- 2004
- Lot size
- 1.44 lot acres
- Property size
- 14,557 SF
- Property type
- Drug stores
- APN
- 20-37-41-007-000-00030-0
- APU
- 203741007000000300
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,520,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,090,000
- 6.5%
- $5,065,000
- 7%
- $5,225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,195,000
- Geo Method
- $4,830,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,740,000
- Retail
- $4,325,000
- Mixed-Use
- $4,250,000
- Hospitality
- $4,925,000
- Educational
- $5,095,000
- Residential Income
- $5,525,000
- Energy
- $4,475,000
- Income-Based Land
- $4,125,000
- Food Service
- $5,060,000
Location Insight
- Map
- Local Demand
- City
- Stuart
- County
- Martin
- State
- Florida
- Longitude
- -80.2687
- Latitude
- 27.2377
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA