Building Details

Year Built 1959

Listing Agency: Divito Real Estate Group r***@beamanbuyland.com Show Phone

Listed By: Rebecca Pierce · License #3580285 Show Phone

Source: Elliman

Added: Jun 12 Changed: Jul 10 Last Checked: Jul 30 at 9:52AM

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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 Divito Real Estate Group

Investment Insights

Based on property information with market context.

The property at 119 S Parrott Ave, Okeechobee, FL 34974 is a commercial corner with a vacant freestanding building and two ground leases already in place. The setup provides income-through-lease structure alongside the available space in the main freestanding component.

The site has paved road frontage on three sides, supporting flexible access and visibility from multiple directions along the primary corridor referenced in the listing. Public remarks also note walk and bike scores that indicate the area is car-dependent.

For buyers or tenants evaluating a retail-focused site, this configuration can fit operators seeking a corner retail presence with multiple points of paved frontage. The existence of two ground leases may appeal to those looking to coordinate with current lease arrangements while evaluating the vacant building’s next use. Inquire for owner financing, as noted in the listing.

Key Highlights

• Freestanding commercial corner on US‑441 in Okeechobee
• Vacant building plus two ground leases in place
• Paved road frontage on 3 sides

Property Analytics

Property Profile

Current Use

Wild Side Pawn ... Discount Store JBL Securities & Insurance Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Butcher 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

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

961

Businesses Nearby

229k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 55% Shops & Services 33% Groceries 10% Electronics 2%

Wawa Shops & Services

40,404 visits/mo 0.1 miles

McDonald's Dining

30,907 visits/mo 0.3 miles

Burger King Dining

18,966 visits/mo 0.4 miles

Aldi Groceries

18,901 visits/mo 0.2 miles

Wendy's Dining

16,836 visits/mo 0.4 miles

Demographics for 34974, FL

23,699

Population

13,850

Households

1.7

Avg Household Size

50

Median Age

16%

College-Educated

83%

High-School Grad

376.7 sq mi

ZIP Area

63

Density / Sq Mi

$50,671

Median Household Income

$36,000

Median Earnings

$958

Median Rent

$162,900

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

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Freestanding corner retail property with paved frontage on three sides and two ground leases in place, currently vacant.

Where is this storefront property located?

The property is located at 119 S Parrott Ave Okeechobee, FL.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: Freestanding commercial corner on US‑441 in Okeechobee; Vacant building plus two ground leases in place; Paved road frontage on 3 sides