290 Dixie Hwy Stuart, FL 34994
- Office Properties & Spaces
- 2,728 SF
- 1.13 lot acres
Current Use by Public Records
- HMY Yacht Sales - Stuart / (Bike/Boat/Book/etc) Store
- Waterway Marina / Marina
- Scott Levin / (Bike/Boat/Book/etc) Store
- Bob Lucas HMY Yachts / (Bike/Boat/Book/etc) Store
Property Details for 290 Dixie Hwy
- Year built
- 1990
- Construction
- FRAME
- Lot size
- 1.13 lot acres
- Property size
- 2,728 SF
- Zone code
- CRA1S
- Property type
- Office Properties & Spaces
- APN
- 32-37-41-004-001-00010-1
- APU
- 323741004001000101
Description
This exceptional 1,250-square-foot freestanding retail building presents a remarkable opportunity in the heart of Stuart, Florida. Located at 290 S Dixie Hwy, this single-tenant property boasts a prime location within the vibrant Downtown Stuart market, ensuring high visibility and foot traffic. Built in 1949, the building sits on a 0.06-acre lot and is zoned Uc-Urban Center, offering flexibility for a variety of retail uses. The property's customizable floor plan allows for seamless adaptation to suit diverse business needs. Its strategic placement near popular shopping destinations and a mix of local eateries, entertainment, and recreational hotspots guarantees a steady stream of potential customers. The proximity to the serene waterfront further enhances its appeal. This is an ideal space for businesses seeking a prominent presence in a thriving, high-traffic area. The entire 1,250 square feet is currently vacant, ready for immediate occupancy. This opportunity allows a business to establish itself in a bustling commercial landscape within the attractive Downtown Stuart area of Martin County, Florida, zip code 34994.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $455,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $615,000
- 6.5%
- $565,000
- 7%
- $525,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $696,000
Market price range: $197k - $696k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $670,000 Current use
- RETAIL STORES
- $735,000 Change: +10% Conversion: Easy
- MEDICAL BUILDING
- $650,000 Change: -3% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Stuart
- County
- Martin
- State
- Florida
- Longitude
- -80.2619
- Latitude
- 27.2089
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA