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Restaurant Building on One Acre
For Sale
$1,800,000

1100 S Parrott Ave, Okeechobee, FL 34972

Commercial restaurant building on one acre with highway visibility.

Lot Size1.00 Acre
Days on Market98

Property Features for 1100 S Parrott Ave

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Commercial

Building Details

Year Built 1984
Listing Agency: Florida Homes Realty & Mortgage
Listed By: Jerri L Hill · License #688627
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 30 at 4:38PM

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 Florida Homes Realty & Mortgage

Investment Insights

Based on property information with market context.

This commercial restaurant building is situated on a one-acre lot within city limits. Currently operating as a restaurant, the sale includes the building only, not the business itself. The building is described as being in excellent condition, featuring a new metal roof and new A/C units. The property benefits from a prime location on a busy highway, offering high visibility and traffic. The location has a walk score of 6, indicating car-dependence, and a bike score of 37, suggesting it is somewhat bikeable.

Key Highlights

  • Prime location on a busy highway with high visibility and traffic.
  • Commercial restaurant building in excellent condition.
  • New metal roof protects your investment.

Property Analytics

Current Use

Lakeshore Medical, Florida ... Medical Clinic Florida Community Health ... Medical Clinic Mrs. Rachel Erwin Physician Melissa Bracero Physician Tulier-Pastews Waleska M ... Pediatrician

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Florist Tanning Salon Tech Support Center

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

Location Intelligence

Trade Area within ½ mile

898
Businesses Nearby
130k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 48% Dining 35% Groceries 15% Electronics 3%
Wawa Shops & Services
40,404 visits/mo 0.5 miles
Aldi Groceries
18,901 visits/mo 0.2 miles
Golden Corral Dining
16,436 visits/mo 0.1 miles
Dunkin' Donuts Dining
12,508 visits/mo 0.5 miles
Arby's Dining
8,039 visits/mo 0.2 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial restaurant building on one acre with highway visibility.
Where is this conventional restaurant located?
The property is located at 1100 S Parrott Ave Okeechobee, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Prime location on a busy highway with high visibility and traffic.; Commercial restaurant building in excellent condition.; New metal roof protects your investment.
More about this property
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