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    4825 Hwy Okeechobee, FL 34974

    For Sale
    $1,600,000

    Established Business, High Traffic Area

    Property size:
    6,158 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 6,158 square foot commercial property, situated on 1.09 acres at 4825 S US 441 Highway in Okeechobee, Florida, presents a lucrative investment opportunity. Currently operating as a thriving restaurant and sports bar, this turnkey business boasts a spacious, air-conditioned interior featuring a dedicated game room, ample table seating, and a fully equipped bar. The layout is designed to maximize customer flow and comfort, with a significant portion dedicated to dining and entertainment. Beyond the main building, a covered, open-air porch provides additional bar and gathering space, perfect for enjoying Florida's pleasant weather. Ample parking is available with approximately 45 designated spaces supplemented by an overflow area, ensuring convenient access for patrons. The property holds all necessary licenses for the sale and on-site consumption of beer, wine, and liquor, offering a comprehensive revenue stream. The existing business infrastructure, combined with the strategic location on a busy highway, presents a strong foundation for continued success and potential expansion. This is a rare opportunity to acquire an established, profitable business with significant growth potential in a desirable location. The property's size, amenities, and existing licenses make it an attractive investment for experienced restaurateurs or those seeking to enter the hospitality industry. The sale includes all existing fixtures and equipment.

    Property Features for 4825 Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,158 SF
    Lot Size
    47,480 SF

    Building Details

    Year Built
    2006
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Okeechobee
    County
    Okeechobee
    State
    Florida
    Longitude
    -80.8303
    Latitude
    27.19992

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    FAQs

    What type of property is this?
    Commercial real estate - Established Business, High Traffic Area
    Where is this commercial real estate located?
    The property is located at 4825 Hwy Okeechobee, FL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    (863) 763-1155
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    4825 Hwy Okeechobee, FL 34974
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    Realmo Value Estimation

    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.

    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.

    More about this property
    4825 Hwy Okeechobee, FL 34974
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