You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

508 S Colorado Ave Stuart, FL 34994

Retail space Google Maps
2,932 SF 0.12 ac lot Built 1955
Individually Owned 8-yr Hold Free & Clear
508 S Colorado Ave, Stuart, FL 34994 For Sale
Contact for pricing 2,932 SF
508 S Colorado Ave, Stuart, FL 34994
View Listing →
Estimated value (blended)
$265k
Range $239k – $292k (±10%)
Property ID US18-1933436

Property summary

AI-generated overview

This exceptional free-standing retail building, located at 508 S Colorado Ave in Stuart, Florida, presents a unique investment opportunity. Boasting 2,932 square feet on a 0.12-acre lot (APN: 05-38-41-005-021-00030-8), this single-story, 1955-built structure is zoned UC-Urban Center, offering versatile usage potential. The property features approximately 1,552 square feet of showroom space, perfect for showcasing products or services, complemented by two offices and two bathrooms for enhanced functionality. A substantial 1,380-square-foot warehouse area in the rear, accessed via a 10x9 roll-up bay door, provides ample storage or workspace. Benefitting from high visibility on South Colorado Avenue, the property offers excellent signage opportunities to maximize brand exposure. The surrounding area is vibrant, featuring trendy shops, offices, and restaurants in Downtown Stuart, ensuring a thriving commercial environment. This property is priced at $1,200,000 ($409.28/sq ft) and represents a compelling investment in a desirable location. The property consists of one unit within a single building.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Total area 2,932 SF
Lot 0.12 ac (5,097 SF)
APN 05-38-41-005-021-00030-8
UPID US18-1933436

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
  • Gym & Fitness Center

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2018
5 recorded transactions
2018
$405,000
2009
$282,000
2006
Price N/A
2006
Price N/A
1969
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message