772-323-7037
3461 SW Martin Downs Blvd, Palm City, FL for Sale
Car Washes - FOR SALE
1/6
null | Request Cap Rate

3461 SW Martin Downs Blvd
Palm City, FL 34990


HIGHLIGHTS

  • - 2.08± acre signalized corner at SW Martin Downs Blvd, within the established Martin Downs PUD in Palm City, FL
  • - Redevelopment concept for two modern retail pads targeting QSR, medical, and service-retail tenants under long-term NNN ground leases
  • - Excellent access and circulation with full access on Martin Downs Blvd and additional ingress/egress on SW Armellini Avenue
  • - High-visibility frontage along Palm City’s primary commercial corridor, benefiting from strong daily traffic and established surrounding retail
  • - Located in an affluent, supply-constrained submarket with high occupancy, supportive market rents, and limited new competing retail development

OVERVIEW

This redevelopment opportunity reimagines the 2.08± acre, at SW Martin Downs Blvd as two modern retail pads designed for high-visibility, drive-thru oriented tenants. The property features excellent access and circulation, with full access on Martin Downs Boulevard and secondary ingress/egress on SW Armellini Avenue, enhancing site maneuverability, drive-thru stacking, and deliveries. Positioned along Palm City’s primary commercial corridor within the established Martin Downs PUD, the site benefits from strong traffic patterns and direct access to surrounding residential neighborhoods and employment centers. Existing auto-service/car wash improvements, utilities, access, and paving provide a fully improved framework for transformation into freestanding QSR, medical, or service-retail pads under long-term NNN ground leases. The flexible pad configuration allows for single-tenant or multi-tenant layouts, optimized parking, and prototypical building designs while retaining fee-simple land ownership and leveraging the submarket’s high occupancy, limited new supply, and healthy rent levels. Together, these characteristics create a compelling land lease development play, offering investors predictable, escalation-driven cash flow, minimal landlord responsibilities, and long-term value growth in a high-barrier-to-entry Palm City retail submarket.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

2.08 AC

LAND SF

90,605 SF

ZONING

PUDR

APN/PARCEL ID

13-38-40-029-000-00010-4

ASK ABOUT THIS PROPERTY

Rosi ShepardRosi Shepard Team Remax CommercialMore Info
772-323-7037

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Rosi ShepardRosi Shepard Team Remax CommercialMore Info
772-323-7037

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.