Search
Commercial Development Land with Major Road Frontage
For Sale
$2,099,000

5001 S Kenansville Road, Okeechobee, FL 34972

Large tract offers extensive frontage on the Florida Turnpike and US 441, with billboard income and development options.

Property SizeContact for details
Lot Size40.84 Acres
Days on Market222

Property Features for 5001 S Kenansville Road

General Information

Standard status Active
Lot size 40.84 Acres
Property subtype Land
Zoning RMH

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Berman Realty
Listed By: Bob Berman · License #6217
Source: Cthomeseekers
Added: Jan 17 Changed: Aug 25 Last Checked: Aug 26 at 9:52AM

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 Berman Realty

Investment Insights

Based on property information with market context.

The property is an expansive tract totaling 40.84 acres, offered for sale as commercial development land. It is currently zoned RMH residential, while almost 6 acres have been approved for future commercial land use. In addition to potential residential development, the site has been presented for a range of industrial and commercial uses, including distribution and mixed-use concepts. The property also includes 1,700 feet of frontage on the Florida Turnpike, along with an income-generating billboard, and an additional 1,700 feet of frontage on US 441/Kenansville Rd.

Located at the Florida Turnpike/State Road 60 exit at Yeehaw Junction, the site is described as approximately 30 minutes from Vero Beach and positioned for access to major Florida markets. The offering is owned by the same family for over 50 years. An adjacent 205+ acre property is also available for purchase, providing an opportunity to consider a combined total of 246+ acres.

For developers, investors, and operators evaluating land strategies, the combination of substantial roadway frontage and partial commercial future land use support a variety of planning directions. The presence of an income-generating billboard provides an additional existing revenue component while you proceed with development planning and approvals.

Key Highlights

  • 40.84‑acre property in Okeechobee with 1,700 ft of frontage on the Florida Turnpike (Yeehaw Junction / SR 60 exit).
  • 1,700 ft of frontage on US 441/Kenansville Rd.
  • Income‑generating billboard on‑site.

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - Large tract offers extensive frontage on the Florida Turnpike and US 441, with billboard income and development options.
Where is this industrial land located?
The property is located at 5001 S Kenansville Road Okeechobee, FL.
What is the asking price?
The asking price for this property is $2,099,000.
What are key features of this property?
This property features: 40.84‑acre property in Okeechobee with 1,700 ft of frontage on the Florida Turnpike (Yeehaw Junction / SR 60 exit).; 1,700 ft of frontage on US 441/Kenansville Rd.; Income‑generating billboard on‑site.
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