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    2558 144Th St Okeechobee, FL 34972

    For Sale
    $799,000

    Prime Retail Location, 3,317 SF, Owner Financing Available

    Property size:
    3,317 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial retail property in Okeechobee, Florida, is offered at $799,000 and presents a fantastic investment opportunity. The 3,317-square-foot building, constructed in 1993, is situated on a spacious 2.75-acre lot, providing ample room for expansion or outdoor activities. Currently configured as a single-unit retail space, it's ideally suited for a variety of uses, including a food mart or restaurant. The property includes a separate office area, enhancing its functionality and versatility. The sale includes all existing furniture and inventory, allowing for immediate business commencement. The location benefits from moderate traffic flow, ensuring good visibility and accessibility. This turnkey operation offers owner financing, making it an even more attractive proposition for prospective buyers. Note that lot line photos provide approximate measurements. The property's address is 2558 NE 144th Street, Okeechobee, FL 34972.

    Property Features for 2558 144Th St

    General Information

    Property type
    Retail properties
    Square Feet
    3,317 SF

    Building Details

    Year Built
    1993
    Units
    1

    HighLights

    • Asking price: $799,000.
    • 3,317 square foot retail building.
    • Single‑unit property built in 1993.
    • Located at 2558 NE 144th Street, Okeechobee, FL 34972.
    • Owner financing available.
    • Sits on a 2.75‑acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sweet Peas Grocery Grocery Store

    Suggested Use

    Food Market Storage Facility Grocery Store Arcade & Gaming Center Toy Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Okeechobee
    County
    Okeechobee
    State
    Florida
    Longitude
    -80.8006547
    Latitude
    27.3758073

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Location, 3,317 SF, Owner Financing Available
    Where is this retail property located?
    The property is located at 2558 144Th St Okeechobee, FL.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Asking price: $799,000.; 3,317 square foot retail building.; Single-unit property built in 1993.
    Request Owner's contact information
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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
    2558 144Th St Okeechobee, FL 34972
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