0 State Road 60 Okeechobee, FL 34972
Exceptional opportunity to acquire a highly productive 1,660+/- acre agricultural farm situated in Okeechobee County, Florida, near Lake Kissimmee. This expansive property boasts 1,138 acres currently dedicated to row crops (approaching organic certification within one year) and 522 acres of citrus groves. The farm's strategic location within a warm microclimate, at the southeastern edge of Lake Kissimmee and the headwaters of the Kissimmee River, provides ideal growing conditions for a wide variety of crops, including peppers, watermelons, cucumbers, squash, tobacco, strawberries, peanuts, tomatoes, cabbage, potatoes, lettuce, cantaloupe, and more. The property includes a substantial 30,000 square foot packing house with 12,000 square feet of cooler space, offering ample capacity for post-harvest processing and storage. Further enhancing operational efficiency are two H-2A approved labor housing facilities capable of accommodating up to 180 workers, along with a custom commercial kitchen. Water resources are abundant, with a Lake Kissimmee surface water permit for irrigation, ensuring year-round irrigation efficiency via a semi-closed/drip system. The property features 9,700 feet of road frontage on State Road 60, providing excellent accessibility with three convenient entrances. Utilities including well water, septic, telephone, and electric services are readily available. A 24-inch lift station at the western end of the canal system efficiently supplies water to twelve surface pumps. The property is zoned AG and is free of easements or encroachments. This turnkey operation presents a rare opportunity for significant agricultural investment and expansion. The property's scale, infrastructure, and prime location make it a compelling acquisition for established agricultural businesses or those seeking to enter the Florida market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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