7859 Ellipse Way, Stuart, FL 34997-7247
This exceptional 19,311 square foot flex space condominium, built in 2004, presents a unique investment opportunity in Stuart, Florida. Situated within the Elite Professional Plaza in the Treasure Coast Commerce Center, this single-story building boasts a highly desirable location at the northwest corner of I-95 and Kanner Highway, ensuring easy access and high visibility. The property is zoned LI (Light Industrial) and comprises one building with multiple tenancies. Each unit offers a versatile layout, perfectly suited for a variety of businesses. The space includes a large, fully air-conditioned office area seamlessly integrated with a spacious warehouse component. Convenient features include a rear grade-level overhead door for easy loading and unloading, complemented by a separate pedestrian door. The low-traffic environment of the well-maintained property contributes to a peaceful and productive work atmosphere. This is an ideal location for businesses seeking a blend of office and warehouse space with excellent highway access in a thriving commercial area of Martin County. The property's modern design and strategic location make it an attractive option for both established businesses and new ventures. The multiple tenancy structure offers flexibility for various business needs and potential for future expansion.
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Orange Grove Labs Medical Laboratory
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3 Dimensional Measurement Services Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.