1669 Hwy 70 Okeechobee, FL 34972
This exceptional commercial property, located at 1669 Hwy 70 in Okeechobee, Florida, presents a unique investment opportunity. Situated in Okeechobee County, this 230-foot road frontage lot boasts unparalleled visibility and accessibility due to its location in a high-traffic area experiencing approximately 38,000 vehicles daily. The property benefits from easy ingress and egress, making it highly attractive for a variety of commercial ventures. Its strategic placement within a burgeoning commercial corridor adds significant value. This area is experiencing rapid growth, with nearby establishments including a RaceTrac gas station and planned locations for national chains such as Culver's, Dunkin', Subway, and Zaxby's. The seller is motivated and has relocated to Georgia, making this an opportune time to acquire this prime commercial real estate. The asking price is $850,000. The property is classified as Special Purpose and is located in the 34972 zip code. All offers will be considered.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.