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    Rebecca Pierce, Okeechobee, FL

    License ID: 3580285
    Oakstrand Realty
    Years of Experience
    1

    Contact details

    Phone:
    (772) 285-3226

    Performance

    Listings
    43
    Total transactions
    18
    Total transactions amount
    $523k
    Price range
    $19k - 44k
    Average price
    $29k

    Listings

    For Sale (43)

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    • Contact for pricing

      Avon Park Building Lot

      Land for sale in Avon Park with owner financing.
      2922 W Perry Rd, Avon Park, FL 33825
      View Details
    • Contact for pricing

      Avon Park Building Lot

      Private building lot in Avon Park, Florida, with owner financing.
      2924 W Quincy Rd, Avon Park, FL 33825
      View Details
    • Contact for pricing

      Wooded Homesite in Avon Park

      Wooded homesite for sale near lakes and US-27.
      1956 W Tanager Rd, Avon Park, FL 33825
      View Details
    • Contact for pricing

      Lake Placid Building Lot

      Building lot in Lake Placid, owner financing available.
      229 Caswell Ln, Lake Placid, FL 33852
      View Details
    • Contact for pricing

      Satsuma Land for Sale

      Land available in Satsuma, Florida with owner financing.
      123 Coot Rd, Satsuma, FL 32189
      View Details
    • Contact for pricing

      Homesite Available in Sebring

      Homesite in Sebring available for purchase with low downpayment.
      329 Phesant Blvd, Sebring, FL 33872
      View Details
    • Contact for pricing

      Land for Sale

      Homesite available with owner financing.
      2918 W Gaffney Rd, Avon Park, FL 33825
      View Details
    • $875,000

      20-Acre Farm Ready Land

      20-acre land with pond, partially cleared, suitable for farming.
      29800 NW 192Nd Ave, Okeechobee, FL 34972
      View Details
    • Contact for pricing

      Land with Owner Financing

      Land available with owner financing, mobile homes and RVs permitted.
      Theresa Ave, Interlachen, FL 32148
      View Details
    • Contact for pricing

      Land Available in Interlachen, Florida

      Land for sale in Interlachen, Florida with owner financing.
      Manatee St, Interlachen, FL 32148
      View Details
    • Contact for pricing

      Buildable Land with Owner Financing

      Land available with owner financing and low down payment.
      204 Usina Ave, Interlachen, FL 32148
      View Details
    • $195,000

      Oversized Lot in Palm Bay

      Over 6 acres near I-95 and the coast.
      SW Ginryo Rd, Palm Bay, FL 32908
      View Details
    • $98,000

      5-Acre Farmstead Bordering State Park

      5-acre farmstead bordering Kissimmee Prairie State Park, owner financing available.
      NW 320Th St, Okeechobee, FL 34972
      View Details
    • Contact for pricing

      Polk County Agricultural Land

      Land suitable for camping, hunting, or agricultural projects.
      Jackson St, Lake Wales, FL 33898
      View Details
    • $98,000

      5 Acre Okeechobee Land

      5-acre recreational land for sale in Okeechobee, Florida.
      Okeechobee, FL 34972
      View Details
    • $1,450,000

      Okeechobee Land with Owner Financing

      Land available with owner financing, public water, and sewer.
      1202 NW 8Th Ave, Okeechobee, FL 34972
      View Details
    • $49,500

      Vacant Industrial Property For Sale

      Vacant industrial property suitable for a wide array of uses.
      NE 13Th Ave, Okeechobee, FL 34972
      View Details
    • Contact for pricing

      Recreational Lot in Okeechobee

      Recreational lot suitable for hunting, camping, and shooting.
      16072 NW 304Th St, Okeechobee, FL 34972
      View Details
    • Contact for pricing

      Pristine Interlachen Lot

      Interlachen lot, close to the lake, owner financing available.
      Maine Ave, Interlachen, FL 32148
      View Details
    • Contact for pricing

      Land For Sale

      Land available for mobile homes and RVs.
      W Basford St, Interlachen, FL 32148
      View Details
    • Contact for pricing

      Land for Mobile Homes, RVs

      Land suitable for mobile homes and RVs, owner financing available.
      Shappell Ave, Interlachen, FL 32148
      View Details
    • Contact for pricing

      Land for Mobile Homes, RVs

      Land suitable for mobile homes and RVs with owner financing.
      Cypress St, Interlachen, FL 32148
      View Details
    • Contact for pricing

      Corner Property Available for Purchase

      Corner property with owner financing available in Palatka, Florida.
      SE 8Th Ave, Palatka, FL 32177
      View Details
    • Contact for pricing

      Versatile Land for Agricultural, Recreational

      441 frontage property suitable for agricultural and recreational uses.
      441 Hwy N, Okeechobee, FL 34972
      View Details
    • Contact for pricing

      Versatile Land for Agricultural, Recreational Uses

      441 frontage, versatile land suitable for agricultural and recreational uses.
      Us-441, Okeechobee, FL 34972
      View Details
    • Contact for pricing

      Land in El Mira Sol

      Land available in Okeechobee's El Mira Sol community.
      3252 NW 7Th St, Okeechobee, FL 34972
      View Details
    • Contact for pricing

      Polk City Recreational/Agricultural Lot

      3/4 acre lot with paved road access in Polk City.
      Old Grade Rd, Polk City, FL 33868
      View Details
    • Contact for pricing

      Hunting Land Backing SWFWMD Property

      Hunting property with abundant wildlife and SWFWMD access.
      Polk City Rd, Polk City, FL 33868
      View Details
    • Contact for pricing

      Land Near Kissimmee Prairie Park

      1.25 acres suitable for recreation and agriculture near state park.
      NW 298Th St, Okeechobee, FL 34972
      View Details
    • $245,000

      7.8 Acres in Babson Park

      Land for building a home and starting a small farm.
      Libby Rd, Babson Park, FL 33827
      View Details
    • Contact for pricing

      River Ranch Acreage for Sale

      1.26 acre River Ranch camping lot for sale.
      630 Co Rd, Lake Wales, FL 33898
      View Details
    • $49,000

      2.5 Acres Near State Park

      2.5 acres suitable for camping or small farming.
      NW 290Th St, Okeechobee, FL 34972
      View Details
    • $49,500

      Paved Road Front Hunting Lot

      Hunting land with road frontage and owner financing available.
      Sweet Hill Rd, Polk City, FL 33868
      View Details
    • Contact for pricing

      Avon Park Building Lot

      Building lot for sale in Avon Park, Florida.
      153 Disney Blvd, Avon Park, FL 33825
      View Details
    • $225,000

      Commercial Land on Highway 98

      Over an acre of commercial land with highway frontage.
      2730 N Us Highway 98, Okeechobee, FL 34972
      View Details
    • $32,500

      Buildable Lot Near Dunnellon

      Almost one acre buildable lot with owner financing.
      SW 54Th St, Dunnellon, FL 34431
      View Details
    • Contact for pricing

      Okeechobee Agricultural/Recreational Land For Sale

      Versatile land with frontage suitable for agricultural and recreational uses.
      NW 24Th Dr, Okeechobee, FL 34972
      View Details
    • Contact for pricing

      Putnam County Building Lot

      Building lot available in Putnam County, Florida.
      111 New York Ave, Satsuma, FL 32148
      View Details
    • Contact for pricing

      Land for Mobile Homes, RVs

      Land suitable for mobile homes and RVs with owner financing.
      Huron St, Interlachen, FL 32148
      View Details
    • Contact for pricing

      Florida Building Lot For Sale

      Building lot in Interlachen, Florida, with owner financing.
      Miami St, Interlachen, FL 32148
      View Details
    • Contact for pricing

      Land for Mobile Homes/RVs

      Land suitable for mobile homes and RVs with financing.
      110 Brown St, Interlachen, FL 32148
      View Details
    • $95,000

      Buildable Lot in Okeechobee

      Paved road access suitable for residential or commercial use.
      19216 NW 300Th St, Okeechobee, FL 34972
      View Details
    • Contact for pricing

      Recreational Lot in Okeechobee

      Recreational lot suitable for hunting, camping, and shooting.
      15893 NW 302Nd St, Okeechobee, FL 34972
      View Details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Rebecca Pierce, Okeechobee, FL
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    (772) 285-3226
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