For Auction
Asset Snapshot
Offering Summary
*First Click Meets Reserve*
Large 27.47± Acre Site suitable for Industrial or Commercial Development Opportunity
The auction of this legacy property represents the opportunity for an investor or developer to acquire a prime 27.47+/- acre commercial / industrial site at well below appraised value. Located on a major east/west corridor (SR 714 / Martin Highway) at a Florida Turnpike interchange, with convenient access to two I-95 interchanges and direct access into Stuart, and situated in the middle of the bedroom community of Palm City, this highly sought after location is suitable for many different types of users. The property’s Limited Industrial zoning designation allows a wide range of retail, commercial and industrial uses. Potential uses include: gas/convenience, fast food restaurants, retail shopping center, hotel, self-storage facility, office, light industrial and others.
Property fronts on both Martin Highway and High Meadows Avenue. Water and sewer are available from Martin County Utilities. Site contains certain on-site wetlands. A number of development alternatives are possible, including subdividing into multiple commercial parcels.
Due Diligence
Cooperating Broker Fee
Eligible brokers may receive a 2.00% fee when representing the winning bidder.
Learn more in the FAQsPlatform Fee
Buyer pays a minimum platform fee of 10% or $25,000 at closing.
How it Works
Learn about bidding, reserve prices, and closing.
Read the auction guideAuctioneer
Need Help?
Your transaction managers are your first point of contact for any auction or process questions. For additional support:
Investment Sales Broker
Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.