Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    401 S W C Owen Ave Clewiston, FL 33440

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $450,000

    2624 SF office building in downtown Clewiston.

    Type:Commercial
    Property size:
    2,624 SF
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 5:39 pm

    Property Features for 401 S W C Owen Ave

    General Information

    Standard status
    Active
    Size
    2,624 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1979

    We can help!

    Listing Contact
    Sam Walker

    Listing agent Sam Walker License #258007900

    Listing office Sugar Realty, Inc.

    Listing date Apr 24, 2026

    Source Elliman

    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 Sugar Realty, Inc.

    Overview

    Downtown Clewiston Office Building

    This 2624 square foot office building is located in downtown Clewiston, close to Hwy 27. The property features 5 professional offices, 2 reception areas, and storage areas. It also includes 2 restrooms and 12 parking spaces. Formerly an accounting office, the property is suitable for multiple businesses. The location has a walk score of 77, indicating it is very walkable, and a bike score of 70, indicating it is very bikeable.
    Location Intelligence

    Current Use by Public Records

    Boy Miller Kisker ... Tax Preparation Florida Sugar Cane ... Association / Organization Perry John C ... Accounting Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clewiston
    County
    Hendry
    State
    Florida
    Longitude
    -80.9365217
    Latitude
    26.7513257

    Nearby Similar for Sale

    • $6,000,000

      Free Standing Retail Space Available

      13,813 SF retail space on 1.92 acre corner lot.
      520 W Sugarland Hwy, Clewiston, FL 33440
      View Details
    • $11,500,000

      33.14 Acre Cold-Chain Logistics Site

      33.14 acre site ideal for cold-chain and logistics.
      15877 E SR 80, Clewiston, FL 33440
      View Details
    • $1,850,000

      COMMERCIAL - Clewiston, FL

      180 basilan crescent, Clewiston, FL 33440
      View Details
    • $6,000,000
      13,813 SF

      Retail Space with Drive-Thru

      13,813 SF retail space on 1.92-acre corner lot.
      520 W Sugarland Hwy, Clewiston, FL 33440
      View Details
    • $23
      6,115 SF

      Clewiston Commercial Property for Sale

      6,115 SF property ideal for childcare or educational businesses.
      180 Basilan, Clewiston, FL 33440
      View Details
    • $10,000,000
      231,332 SF

      126-Unit HAP-Assisted Apartment Complex

      126-unit apartment complex in Clewiston, fully HAP-assisted with HUD-backed rents.
      700 Harlem Tenants Circle, Clewiston, FL 33440
      View Details
    • $4,400,000
      74,058 SF

      Restored Clewiston Inn Hospitality Property

      Income-producing, 57-room inn with banquet hall in Clewiston, Florida.
      108 ROYAL PALM AVENUE, CLEWISTON, FL 33440
      View Details
    • $3,000,000

      Land - Clewiston, FL

      14759 Center Ave, Clewiston, FL 33440
      View Details
    • $1,150,000
      4,582 SF

      Restaurant Building & Parking Lot

      4582 SF restaurant building with parking on 0.46 acres.
      711 E Sugarland Hwy, Clewiston, FL 33440
      View Details
    • $980,250

      Highway Frontage Clewiston Land

      13 acres on Hwy 27, currently a nursery.
      50395 Corkscrew Boulevard, Clewiston, FL 33440
      View Details
    • $3,200,000

      Turnkey Tilapia Fish Farm

      Profitable 14-acre fish farm with equipment and residence.
      3300 N Tbd, Clewiston, FL 33440
      View Details

    FAQs

    What type of property is this?
    Office building - 2624 SF office building in downtown Clewiston.
    Where is this office building located?
    The property is located at 401 S W C Owen Ave Clewiston, FL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Prime downtown Clewiston location with high walkability (Walk Score: 77) and bikeability (Bike Score: 70).; 2624 sq ft office building suitable for multiple businesses.; Includes **5 professional offices and 2 reception areas**.
    (863) 677-1013
    We can help!
    Listing Contact
    Sam Walker
    Real Estate License ID: 258007900
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!