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Freestanding Flex Building

1020 N PARROTT Avenue, Okeechobee, FL 34972

For Sale
$675,000

Two separately metered suites include one renovated side and one shell ready for buildout.

Property Size3,840 SF
Price / SF$175.78
Days on Market15

Property Features for 1020 N PARROTT Avenue

General Information

Standard status Active
Size 3,840 SF
Total Parking Spaces 16
Zoning Commercial

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes
Utilities to Site Yes

Warehouse & Industrial

Clear Height 8 ft
Drive-In Doors 2

Additional Details

Property Use Flex

Taxes and HOA fees

Annual Taxes $4,479

Building Details

Building Size 3,840 SF
Year Built 1978
Buildings 1
Stories 1
Construction Concrete Block
Listing Agency: Nicklaus Vance
Listed By: Casey M Prindle · License #3223583
Source: Laerrealty
Added: Oct 24 Changed: Oct 31 Last Checked: Nov 6 at 5:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nicklaus Vance

Rey
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Investment Insights

Based on property information with market context.

This freestanding 3,840± SF CBS flex building is divided into two 1,920± SF sections, each with its own entrance, restroom, and separate electric and water meters. The north section has been renovated and is move-in ready; the south section is a clean shell for buildout. Two rear grade-level roll doors provide access to a paved yard enclosed by a 6-foot fence. The building has 8-foot clear height, 10-foot ceilings, and a 2021 reroof. It will be delivered vacant.

The property fronts US 441 in Okeechobee and is zoned CHV Heavy Commercial. The reported average daily traffic count on the road is 23,500. Intended use is subject to verification with the City of Okeechobee.

Key Highlights

  • 3,840± SF CBS flex building with frontage on US 441
  • Two 1,920± SF sections, each with an entrance, restroom, and separate electric and water meters
  • Renovated north section; south section is a clean shell for buildout

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic HVAC Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8 ft
Clear height
2
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby
Balanced
Demand for This Use

Demographics for 34972, FL

19,514
Population
7,004
Households
2.8
Avg Household Size
37
Median Age
15%
College-Educated
77%
High-School Grad
854.4 sq mi
ZIP Area
23
Density / Sq Mi
$53,902
Median Household Income
$33,612
Median Earnings
$994
Median Rent
$193,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Two separately metered suites include one renovated side and one shell ready for buildout.
Where is this flex space located?
The property is located at 1020 N PARROTT Avenue Okeechobee, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 3,840± SF CBS flex building with frontage on US 441; Two 1,920± SF sections, each with an entrance, restroom, and separate electric and water meters; Renovated north section; south section is a clean shell for buildout
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