7859 Ellipse Way Stuart, FL 34997-7247
Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Laboratory
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Construction Company General Contractor
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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