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Property profile & analytics
OFF-MARKET Estimated value $935,000
Turn key restaurants

3544 Federal Hwy Jensen Beach, FL 34957-4424

9,417 SF 1.94 ac lot Built 1989
Entity Owned 10-yr Hold Absentee Owner Free & Clear
Property ID
US18-5609746
Property summary
AI-generated overview

This exceptional 1.94-acre outparcel, located at 3544 NW Federal Hwy in Jensen Beach, Florida (zip code 34957), presents a prime retail opportunity. The property boasts a 9,417 square foot, single-story building, formerly a Red Lobster restaurant, built in 1989 and renovated in 2013. The building sits on an 84,506 square foot lot and features 109 parking spaces. Its Class B designation reflects its well-maintained condition. The property enjoys a highly visible location on NW Federal Highway, with daily traffic counts exceeding 47,500 vehicles. Its proximity to Treasure Coast Square Mall, a dominant regional shopping center anchored by Macy's, JCPenny, and Dillard's, further enhances its appeal. The mall itself encompasses over 876,000 square feet and houses 115 retailers. This location benefits from its proximity to Jensen Beach High School and less than four miles from the beach. The property's PUD-C zoning allows for a variety of uses, including restaurants, sporting goods stores, banks, veterinary clinics, medical facilities, showrooms, family entertainment centers, specialty food stores, gyms, and co-working spaces. The property's APN is 19-37-41-005-004-00020-9. The building has a FAR of .11. This is a truly exceptional opportunity for a business seeking high visibility and strong foot traffic in a thriving retail environment.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1989
Construction WOOD FRAME
Total area 9,417 SF
Lot 1.94 ac (84,506 SF)
APN 19-37-41-005-004-00020-9
UPID US18-5609746
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$935k
Owner & transaction history
Lod Jensen Beach LLC · 10 yrs held
Lod Jensen Beach LLC
since 2016
4 recorded transactions
2022
Price N/A
2016
$4.8M
2014
$3.3M
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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