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S Kanner Hwy 5.33 Acres of Commercial Land Offered at $7,502,660 CAD in Stuart, FL 34994

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Executive Summary

This high-visibility site is located directly along South Kanner Highway in Stuart, within one of the most rapidly growing areas of Martin County. Positioned immediately adjacent to the newly opened Costco, the property benefits from strong regional draw, pulling customers not only from Martin County but also neighboring St. Lucie and Palm Beach Counties. The Costco site is also set to include 378 new apartment units, further enhancing the residential density and customer base in the immediate area.
The property is ideally situated near the intersection of South Kanner Highway and Indian Street, just east of the St. Lucie River. It offers seamless access to US-1, I-95, and Florida’s Turnpike, with Kanner Highway now surpassing US-1 in local traffic volume and becoming the dominant north-south retail corridor in the market. This section of Stuart is experiencing rapid growth, fueled by residential and commercial development.
In addition to the brand-new Costco, the site is located just minutes from Martin County High School, Cleveland Clinic’s Family Health Center and Indigo Stuart, a new multifamily development contributing to the area’s influx of residents. This location along a major thoroughfare as well as its proximity to a high-traffic regional anchor makes it a compelling opportunity for retailers looking to enter or expand within the Treasure Coast market.

Property Facts

Price $7,502,660 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Medical
Total Lot Size 5.33 AC
Zoning CPUD - Commercial Planned Unit Development

1 Lot Available

Lot

Price $7,502,660 CAD
Price Per AC $1,407,628.52 CAD
Lot Size 5.33 AC

Property Taxes

Property Taxes

Parcel Number
09-38-41-024-000-00060-0
Land Assessment
$2,533,717 CAD
Improvements Assessment
$12,963,901 CAD
Total Assessment
$15,497,617 CAD
  • Listing ID: 39323231

  • Date on Market: 2026-02-04

  • Last Updated:

  • Address: S Kanner Hwy, Stuart, FL 34994

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