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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

78 State Rd Lakeport, FL 33471

2,164 SF Built 1974
Property ID
Property summary
AI-generated overview

This exceptional 2,164 square foot retail property, located at 0 State Rd 78 in Moore Haven, Florida (zip code 33471), presents a unique investment opportunity. Built in 1974, this single-unit commercial space sits on a 3.66-acre lot comprised of six lots (five parcel IDs). The property includes an existing structure described as part mobile home, part concrete block structure, needing improvement, along with a small pavilion and an older barn. Its strategic location on State Road 78, a major east-west thoroughfare, offers high visibility and convenient access for travelers between Florida's coasts. The property's proximity to a new hotel under construction near a casino further enhances its potential. Numerous development possibilities exist, including a lakefront community with multiple residential homes, a large residential lakefront estate, or an expanded commercial/retail center. The property's current zoning is commercial, while future zoning is residential; prospective buyers should consult Glades County regarding planned use and necessary zoning changes. The property is also conveniently located near a bait and tackle shop and the recreational amenities of Lake Okeechobee. This versatile property offers significant potential for a savvy investor.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1974
Total area 2,164 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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