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66 Salerno Rd Stuart, FL 34997

OFF-MARKET Industrial properties Google Maps
1,288 SF Built 1970
Estimated value
No estimation on file for this property yet.
Property ID US18-5745638

Property summary

AI-generated overview

This exceptional 1,288-square-foot flex space in Stuart, Florida, presents a unique investment opportunity. Located at 66 SW Salerno Road, this property boasts the oldest commercial zoning (B-1 and R-2) in Martin County, offering incredible development potential. Built in 1970, the property currently includes a private residence and a large detached garage, adding to its versatility. The single-unit building sits on a lot with no specified square footage. Its prime location offers easy access to downtown Stuart, making it an attractive proposition for both investors and developers seeking a flexible space with significant upside. The property's existing structures provide immediate income potential while the zoning allows for a wide range of future uses. This is a rare chance to acquire a strategically located property in a thriving area with significant development potential. The asking price is $1,500,000. The property's address is 66 SW Salerno Road, Stuart, FL 34997. This is a rare opportunity to acquire a property with significant upside in a desirable location. The property's zoning allows for a variety of uses, making it an ideal investment for those seeking flexibility and potential for future growth.

Property profile

Verified
Property type Industrial properties
Year built 1970
Total area 1,288 SF
UPID US18-5745638

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

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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